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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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905 1250 Burnaby Street, Vancouver
MLS®: R3029876
420
Sq.Ft.
1
Baths
1
Beds
1964
Built
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Description
Prime West End cash flow gem! Renovated 420 sq ft bachelor suite earns $2,000/mo ($24K/yr) with 7.6% gross ROI. Prepaid leasehold (to 2073) includes taxes/utilities (excl. hydro). Features quartz counters, stainless appliances, radiant baseboard & electric floor heat (kitchen/bath). Rooftop pool/deck with panoramic views, steps to downtown transit/amenities. Fully furnished non-strata leasehold allows long-term rentals; optional parking/storage. Tenanted at market rate; M2M—ideal for investors or urban retreat seekers.
Amenities
Heat
Hot Water
Sewer
Snow Removal
Taxes
Water
Common Area
Outdoor Pool
Features
Refrigerator
Stove
Microwave
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