Built in 1966, the subject property is a 12 unit frame 3-storey apartment building in good condition located on Vancouver’s Eastside near Burrard Inlet. The property features surface parking, hardwood floors, storage and many upgrades. Rents under market.
The subject property is located on the north side of North Garden Dr. between Cambridge and Dundas streets near Burrard Inlet. The building is situated in one of the nicest pockets of East Vancouver with great water views, tranquil surroundings and access to transportation and major arterial routes to the North Shore, Downtown, Burnaby and the TransCanada Highway.
– Suites have hardwood floors, tile floor in kitchen and bathroom
– 5 open surface parking
– Stucco exterior freshly painted
– New double glazed windows
– New commercial hot water
– New stoves and some new fridge
– New washer/dryer
|1 Bedroom||No. units9|
|2 Bedroom||No. units2|
|Financing||Treat as clear title.|
|Income and expenses|
Less vacancy 1%
Net operating income
|Notes||Income annualized as of Jan 2011.|
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.