Prime West End cash flow opportunity - this fully renovated 420 square ft bachelor suite generates $2,000/month ($24,000 annual) rent with 7.6% gross ROI. The prepaid leasehold (expiring 2073) includes taxes and utilities in maintenance fees, featuring quartz counters, stainless appliances, and efficient radiant baseboard heating. The building offers shared rooftop pool/deck with panoramic views, steps from downtown amenities and transit. As a non-strata leasehold property (all-cash purchase), it permits long-term rentals with optional parking/storage available. Currently tenanted at market rates but vacant possession negotiable - ideal for investors seeking stable yield in Vancouver's most walkable neighborhood or owners looking for a low-maintenance urban retreat. Strata Fee tba (id:58426)
MLS® Number | R3029876 |
Property Type | Single Family |
CommunityFeatures | Pets Not Allowed, Rentals Allowed With Restrictions |
PoolType | Outdoor Pool |
BathroomTotal | 1 |
BedroomsTotal | 1 |
Age | Age Is Unknown |
Appliances | Refrigerator, Stove |
HeatingType | Hot Water, Radiant Heat |
SizeInterior | 420 Sqft |
Type | Apartment |
Underground |
Acreage | No |
https://www.realtor.ca/real-estate/28640932/905-1250-burnaby-street-vancouver
Contact us for more information
Ricky Tse