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Cardinal Apartments

3008 Henry Street, Port Moody

Apartment Building
23 Suites

SOLD $3,920,000

Overview

Cardinal Apartments is a renovated 23-suite wood frame rental apartment building located in Port Moody.  The property is improved on a large 132′ x 131′ RM-4 zoned lot. Building was completely gutted in 2005; new bathrooms, kitchens, appliances, countertops, flooring, windows and torch on roof.  Features digital FOB system, CCTV monitoring, free laundry and gym and secure underground parking.

Location

Port Moody – City of the Arts! – is located at the head of Burrard Inlet and at the foot of Eagle Mountain. A vibrant city of 34,000, Port Moody is located an easy 40 minute drive from both downtown Vancouver and the US border, and just steps from seaside parks, mountain trails and lakes.

Cardinal Apartments is located in one of Port Moody’s most natural settings. Minutes to West Coast Express, the future Evergreen Line and shopping at the Lougheed Mall and Coquitlam Centre. 

Features

  • High security perimeter door locks
  • Underground/secured parking under CCTV surveillance
  • Laminate Floors
  • Tile kitchen and bathroom floors and walls – Spanish rustic finish décor
  • Large spacious bathrooms
  • New appliances – glass top stoves
  • Large in-suite storage room
  • Large patio/balcony
  • Professional Gym
  • The building is under 24hr surveillance
  • Secure digital access keys
  • Free access to all new laundry facilities

Summary

Price$4,288,000
Units23
Storeys3
Price/Unit$186,434
Year Built1978
Lot Size132' x 131' (17,424 sq. ft.)
ZoningRM-4
PID009-720-481
Sale Price$3,920,000
Sale Date08/30/2012

Suite Mix

 No. Units
BachelorNo. Units1
One BedroomNo. Units9
Two BedroomNo. Units13

Financials

FinancingTreat as clear title.
Assessment 2012
Land
Building
Total
Land$1,132,000
Building$951,000
Total$2,083,000
Taxes 2012
$11,479.42

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.

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