I have sold a property at 101 1675 HORNBY ST in VANCOUVER

I have sold a property at 101 1675 HORNBY ST in VANCOUVER.
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.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.