Basics
- Date added: Added 2 years ago
- Category: British Columbia
- Bedrooms: 1
- Bathrooms: 1
- Area: 624 sq ft
- Year built: 1973
Description
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Description:
This quick flip opportunity is as simple as they come. Nestled near Lonsdale Quay in North Vancouver, we’ve secured a 1-bedroom condo priced at $50,000 below its market value. Revel in south-facing panoramic views that showcase the breathtaking Vancouver skyline. The property, ready to be listed as-is, offers an enticing prospect for quick profit. Alternatively, take advantage of its untapped potential by implementing cosmetic upgrades to elevate its market value and maximize returns. With the recent shift allowing rentals in virtually all strata buildings, capitalize on the current rental potential of $2000 per month in its existing condition. Whether you’re an astute flipper seeking immediate returns or an investor eyeing long-term appreciation, this property is your golden ticket.
We are selling our assignable purchase contract.
Closing is January 31st, 2024
Show all descriptionPROPERTY FEATURES- 3-storey wood frame building
- Second floor unit facing south
- Features views of the downtown Vancouver skyline
- 1 bedroom
- Large closet with sliding doors and a linen closet
- Built-in shelves located in the main closet
- 4-piece bathroom
- Features an updated vanity with a stone countertop
- Built in 1973
- Interior square footage: 624 sq ft (as per BC Assessment)
- All appliances will be included
- Unit has 1 bedroom, 1 bathroom, kitchen, living room, dining room and office/den
- Kitchen has laminate countertops and original cabinets that have been painted white
- Den does not have a door but appears to be large enough for a small office
- Flooring: carpet, laminate and linoleum
- Heated with radiant baseboards, heat is included in the strata fee (as per Seller)
- Windows are original, single pane aluminum (as per Seller)
- Balcony is accessed through the living room
- 1 outdoor parking stall
- 1 storage locker
- On municipal water and sewer
- Property will be vacant on completion
- Strata fee: $383.80/month (Buyer to verify)
- Fees include: cable, management, heat, gardening, water, sewer, garbage collection and caretaker
- No rental restrictions
- Pets allowed with restrictions