My Listings
- Status:
- Sold
- Prop. Type:
- Commercial Sale
- MLS® Num:
- V4040515
- Sold Date:
- Aug 01, 2014
Great investment opportunity. Main floor strata retail unit beside the seawall. This 282 sq ft property is ready to occupy. It could be rented for: 1,400 base rent plus $300 Operating Costs [$220 Property Tax and $80 Strata Fee] for a total of $1,700 Gross Rent. This is equivalent to a Cap Rate of about 6%. Pre-paid 99 year Ground Lease till July 4, 2088. Next door neighbour [Unit# 102] with 299 SQFT was sold on February 2012 for $270,000.
- Price:
- $250,000
- Property Type:
- Commercial Sale
- MLS® Num:
- V4040515
- Status:
- Sold
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RE/MAX Crest Realty
Data was last updated April 2, 2025 at 04:10 AM (UTC)
- Ali Asi
- Nu Stream Realty
- (604) 785-8900
- info@asi.team
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