Best investment product for smart investor. Better than investing in mutual funds. Stable long-term income with an annual net return of 4.5% to 5%. OWNER SPENT OVER $60,000 ON RENOVATION! Great location close to Thompson Community Centre, shopping, transit and much more. Popular West Richmond location, across from Burnett Secondary School and walk to McKay Elementary School. Maintenance fee includes property taxes, heat, hot water. Prepaid-Leasehold expire in Dec 2087. Enjoy high annual rental receivable for $19,000 with allowable increase for 66 years! For sure you can also enjoy it as a home with the high-end renovation with porcelain floor tile in living room, porcelain wall & granite countertop in kitchen and bath, laminate floor in bedrooms after the current tenancy.
Property Details
Property Type
Apartment Unit
Style
1 Storey
Title to Land
Leasehold prepaid-Strata
Year Built
1974
Area
Richmond · Granville
View
Green View
Outdoor
Balcony(s),Sundeck(s)
Heating / Cooling
Baseboard
Flooring
Laminate,Tile
Construction
Frame - Wood
Parking
Open,Visitor Parking (1 stall)
Water Supply
City/Municipal
Kitchens
1
Financial
List Price$262,000
Maintenance Fee$590/mo
✦ Included in the Maintenance Fee
Caretaker
Hot Water
Other
Taxes
Rooms 6
Storage
Main7'0 x 5'0
Bedroom
Main12'0 x 11'0
Master Bedroom
Main13'0 x 10'0
Kitchen
Main8'0 x 7'0
Dining Room
Main10'0 x 9'0
Living Room
Main14'0 x 14'0
Features & Appliances
✦ Appliances & Features
🍳Range Top
🧊Refrigerator
✦ Bylaws & Pets
Pets Allowed w/Rest.
Rentals Allowed
Where this information comes from:
Listing details, room sizes, features and financials are from the active MLS® listing
R2605393, Real Estate Board of Greater Vancouver, listed by Team 3000 Realty Ltd. (Elsa Lai).
Listed Jul 28, 2021. Feed last updated Mar 3, 2022.
Building-level information is from the BCCondos.net building database.
Measurements are provided by the listing brokerage and are approximate — buyer to verify all data.
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304 7240 LINDSAY ROAD · SUSSEX SQUARE · MLS® R2605393 · with Les Twarog
1428 W 7th Avenue, Vancouver, BC V6H 1C1604.602.1111 | info@bccondos.net
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
The listing data is provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver.The listing data is deemed reliable but is not guaranteed accurate by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board, Real Estate Board of Greater Vancouver, nor BCCondos.