CASH COW says moo-moo-mooney! INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighbourhood. Situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent of $135,600+ /year! Consider AirBnB options and put this cash cow on steroids. By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses.
Property Type:
Multifamily
Dwelling Type:
Triplex
Home Style:
2 Storey w/Bsmt.
Year built:
1921
(Age: 103)
Total area:
2,917 sq. ft.271 m2
Total Floor Area:
2,917 sq. ft.271 m2
Total unfinished area:
0 sq. ft.0 m2
Main Floor Area:
1,235 sq. ft.115 m2
Floor Area Above Main:
421 sq. ft.39.1 m2
Floor Area Above Main 2:
0 sq. ft.0 m2
Floor Area Below Main:
1,261 sq. ft.117 m2
Basement Area:
0 sq. ft.0 m2
No. Floor Levels:
3.0
Bedrooms:
6
(Above Grd: 6)
Bathrooms:
5.0
(Full:5/Half:0)
Kitchens:
4
Rooms:
18
Taxes:
$10,120.7 /
2024
Lot Area:
5,600 sq. ft.520 m2
Lot Frontage:
50'15.2 m
Lot Depth:
112
Rear Yard Exposure:
North
Outdoor Area:
Balcony(s), Fenced Yard, Patio(s)
Water Supply:
City/Municipal
Heating:
Baseboard, Hot Water, Natural Gas
Construction:
Frame - Wood
Foundation:
Concrete Perimeter
Basement:
Full, Fully Finished, Separate Entry
Roof:
Asphalt
Floor Finish:
Laminate, Mixed, Tile
Parking:
Carport & Garage, DetachedGrge/Carport, Garage; Single
Parking Total/Covered:
4 / 4
Parking Access:
Lane, Rear
Driveway:
Concrete
Exterior Finish:
Mixed, Stucco
Title to Land:
Freehold NonStrata
# Bachelor Units:
1
# 1Bdrm Units:
2
# 3Bdrm Units:
1
Clothes Washer/Dryer, Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Drapes/Window Coverings, Freezer, Garage Door Opener, Microwave, Pantry, Range Top, Refrigerator, Smoke Alarm
Garden, In Suite Laundry, Shared Laundry, Storage
LOT 4, BLOCK X, PLAN VAP1530, DISTRICT LOT 526, NEW WESTMINSTER LAND DISTRICTPID: 014-561-174
Floor
Type
Size
Other
Main
Kitchen
14'11"4.55 m × 7'1"2.16 m
-
Main
Dining Room
14'11"4.55 m × 5'6"1.68 m
-
Main
Living Room
15'4.57 m × 7'10"2.39 m
-
Main
Bedroom
12'1"3.68 m × 12'1"3.68 m
-
Main
Bedroom
15'4.57 m × 6'6"1.98 m
-
Main
Foyer
8'5"2.57 m × 6'2"1.88 m
-
Above
Flex Room
17'3"5.26 m × 13'11"4.24 m
-
Above
Bedroom
13'11"4.24 m × 12'3"3.73 m
-
Main
Living Room
13'6"4.11 m × 10'3"3.12 m
-
Main
Kitchen
13'6"4.11 m × 6'2"1.88 m
-
Main
Bedroom
12'1"3.68 m × 10'1"3.07 m
-
Below
Living Room
15'10"4.83 m × 13'3.96 m
-
Below
Kitchen
8'4"2.54 m × 7'4"2.24 m
-
Below
Bedroom
10'8"3.25 m × 10'2"3.10 m
-
Below
Laundry
13'3.96 m × 10'2"3.10 m
-
Below
Living Room
15'9"4.80 m × 11'4"3.45 m
-
Below
Kitchen
13'3.96 m × 7'6"2.29 m
-
Below
Bedroom
12'5"3.78 m × 10'3"3.12 m
-
Floor
Ensuite
Pieces
Other
Main
No
4
Main
Yes
3
Below
No
3
Below
No
4
Above
Yes
3
Property Disclosure:
No
Fixtures Leased:
No
Reno / Year:
Other /
2020
Sprinklers:
No
Smoke Detectors:
Yes
Services Connected:
Electricity, Natural Gas, Sanitary Sewer, Water
Original Price:
$4,498,000
Front of the house
195 w 12 (upper unit) - living room
195 w 12 (upper unit) - living room
195 w 12 (upper unit) - dining / kitchen
195 w 12 (upper unit) - kitchen
195 w 12 (upper unit) - in unit laundry
195 w 12 (upper unit) - master bedroom
195 w 12 (upper unit) - primary bedroom
195 w 12 (upper unit) - flex space by primary bedroom
195 w 12 (upper unit) - primary bathroom ensuite
195 w 12 (upper unit) - secondary bedroom
195 w 12 (upper unit) - secondary bedroom
195 w 12 (upper unit) - 3rd bedroom or flex space / home office
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