The subject property is a well maintained 3-storey wood frame 31-suite apartment building located in Burnaby’s Metrotown neighbourhood. The building features an elevator, balconies, large suites and secured underground parking.
The property is centrally located in the Metrotown neighbourhood of Burnaby, situated on the west side of Burlington Avenue, a block south of Kingsway, a block west of Royal Oak and 2 blocks north of Imperial St. Metrotown Shopping Mall, Skytrain and Bonsor Park are within immediate walking distance.
-Large lot at 21,384 sq. ft.
-Attractive marble entrance
-Elevator and secure parking for 31 cars
-31 storage lockers
-Laundry room: 2 washers/2 dryers leased
-Natural gas hot water heating system
-Extra large suites with balconies
-Hallway carpets replaced (2009)
-Horizontal water lines replaced in 1st floor (2009)
-Ongoing maintenance program including appliance renewal
|One Bedroom||No. units18|
|Two Bedroom||No. units9|
|Three Bedroom||No. units1|
|Financing||Treat as clear title.|
|Income and expenses|
Net operating income
|Notes||Income annualized as of August 2011. 2010 Expenses. For a rent roll and expense statement, click here.|
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.