Posted on
July 26, 2023
by
Paul Toffoli
I have sold a property at 855-861 PENDER ST E in Vancouver. See details here
This Strathcona property is one-of-a-kind, boasting 4 units in 2 houses on a single lot. It presents a great investment opportunity, generating an impressive $120,000 in annual gross revenue and a net operating income exceeding $102,000. Excellent value, priced at a 4.5% Cap Rate. The property has undergone numerous upgrades, including metal roofs, extensive landscaping, complete renovations of 2 units with new kitchens and bathrooms, and newer gas fireplaces / heaters in all units. The tenants are exceptional and would prefer to stay. Each unit features 2 bedrooms or 2 bedrooms with a loft.
Posted on
June 13, 2023
by
Paul Toffoli
I have listed a new property at 855-861 PENDER ST E in Vancouver. See details here
This unique Strathcona Property features 4 units in 2 separate buildings on the same lot . Great investment opportunity with $120,000 Annual Gross Revenue, and Net Operating Income over $102,000. 4.5% Cap Rate. The countless upgrades include: Metal Roofs, Extensive landscaping, Full renovations of 2 units (new kitchens and bathrooms) , gas fireplaces in all units . Amazing tenants would like to stay . All units are 2 bed or 2 bed plus loft .
Posted on
February 5, 2021
by
Paul Toffoli
I have sold a property at 416 - 418 UNION ST in Vancouver.
This beautifully renovated Vancouver Special features $7000 per month in Gross Revenue. A great investment, with a cap rate of 3.9%, or live in 1 suite and collect great rent. Top Floor features 3 bedroom 2 bath, leased until Dec. 31, 2021. Ground level 2 bed suite, plus in-law accommodation. 2 full laundries. "Zen Garden" like landscaping is low maintenance. Seller recently spent approx $70,000 to update the property, including kitchens and bathrooms and new appliances. Gated parking in back. Viewing by appointment Thurs. Jan 28, 4 - 6pm & Sat. and Sun. Jan 30 & 31, 1-4pm.
Posted on
January 26, 2021
by
Paul Toffoli
I have listed a new property at 416 - 418 UNION ST in Vancouver.
This beautifully renovated Vancouver Special features $7000 per month in Gross Revenue. A great investment, with a cap rate of 3.9%, or live in 1 suite and collect great rent. Top Floor features 3 bedroom 2 bath, leased until Dec. 31, 2021. Ground level 2 bed suite, plus in-law accommodation. 2 full laundries. "Zen Garden" like landscaping is low maintenance. Seller recently spent approx $70,000 to update the property, including kitchens and bathrooms and new appliances. Gated parking in back. Viewing by appointment Thurs. Jan 28, 4 - 6pm & Sat. and Sun. Jan 30 & 31, 1-4pm.
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