Marca Court is a 21 suite frame apartment building in good condition centrally located in Kitsilano with some excellent downtown & North Shore views. Features hardwood floors, secure underground parking and balconies.
– Balconies or patios for each suite
– Hardwood floors
– 12 total parking stalls (6 secure U/P)
– 2 locker rooms, workshop & supply room
– Newer intercom
– New furnace (1998)
– New hot water tank (2003)
– Torch on roof (1998)
– New hall carpets (2004)
– Lobby re-tiled with ceramic (2004)
– New wrought iron railings for stairwells (2004)
– Hallways, doors, laundry room and basement repainted (2004)
– New light fixtures in enterance way (2004)
– Installed baseboards in common area (2004)
– 10 bathrooms upgraded past 3-4 years
|One Bedroom||No. units21|
|Income and expenses|
Net operating income
|Notes||Financials include 12 month statement for 2004 and January 2005 rent roll. Please note that rents are approximately 20% below market based on the 2004 CMHC Rental Market Survey. Average Kitsilano 1Br rents are $850/month. Offers encouraged.|
For rent roll and income & 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.