Original price is 6, 380, 000$. The current price is 4, 380, 000$!
You can only buy an ordinary house in Vancouver West! It's better to invest in a multi-storey apartment a few minutes from Metrotown! It can also be rented, and you could build new multi-storey apartments with a higher floor area ratio! The best investment! The best location! Should not be missed! Decisive decision!
Investors look over! Burnaby Highgate District, close to Kingsway but in a quiet street! Rare land resources! Can build multi-storey apartments! Have cash flow! Both holding and rebuilding are suitable!
6XXX Arcola Street in South Burnaby.
rm3 zoning (high density development zoning)
lot size: 9, 000 sqft
2 storey, 10 units apartment building.
Total annual rental income from building around $130, 000 plus laundry income of $2, 000.
Fully renovated building. New roofs, new boiler and furnace and painting and laminate flooring. Very good location with good tenants.
Very Strong consistent cash flow location, good holding property with potential for mid-rise and high-rise development.
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