Spacious family home. Over 5,000 sq.ft. of finished living area. Four large bedrooms up. Huge primary bdrm with ensuite. Entertainment sized principal rooms. Huge bsmnt rec room. Lot 13,930 sq. ft. with large private parklike backyard with patio off solarium and large concrete pool Very well maintained with 7-year-old roof and updated furnace and pool mechanicals. Three car attached garage. Close to transit shopping public and private schools and UBC. Note this is a non-prepaid leasehold property on Musqueam land. Lease expires in 2064. Current lease payment $28,192 subject to increase in 2035 and 2055. This urban oasis must be seen to be appreciated. Showings by appointment only min 24 hrs. notice. Call your Realtor to arrange a showing for you.More details
Attention cap rate hunters... this is about as turn-key as it gets, including having a great tenant in place on a fixed term until summer '24 at $2,600/mo (converting to mo/mo). Currently about 6.5% cap rate and even at today's rates, would currently be cash-flow positive. If rates drop, cashflow would expectedly rise. The home is an 8yr old, modern, 900sf 2 bedroom, 2 bathroom popular ground-level unit in Kitimat's best development for leveraged property investors, Baxter Landing. Each unit has 2 outside parking and 1 locker, contemporary finishes including stone counters and stainless appliances, and laminate flooring. The complex itself has great curb appeal, and with hardiboard cladding (rainscreened), sloped roofs, and no shared mechanical, elevators, parkade, amenities, etc., it's very reliable and easy to maintain. The ownership is made up of primarily long-hold investors who have maintained a very healthy contingency fund and take great care of their mutual investment.
Kitimat is booming, with long-term major resource industry projects underway and proposed. References, economic data, proformas, and more are all available upon request.
I am an active investor myself who has always 'walked the walk' before 'talking the talk' to my clients... feel free to ask me about my own ventures or to discuss with me your own thoughts/plans/experiences. Let's help each other grow our respective frames of reference and investment portfolios.More details
TURN-KEY INVESTMENT PROPERTY - This brand new 3 bed, 2 bath 'executive rancher', located in a new subdivision up in the desirable 'Bench' neighbourhood of Terrace, B.C., is generating $1,600+/mo (approx 8% CAP) in positive cash flow. Very rare security of returns here due to the long-term corporate tenant that is ALREADY in a fixed lease until the end 2026. The property has been newly furnished by the tenant, GST is included, and this home is protected by the 2-5-10 New Home Warranty program. Great layout with 9 foot ceilings, in-floor radiant heat throughout, large heated garage, and open plan main living/dining/kitchen. Quality finishing throughout by Swift River Construction.More details
'Best of Breed' brand new investment house within 'The Station' development in booming Fort St. John. This is a customized 'Springfield' plan, with a main suite featuring 4 bedrooms and 2 baths up with a legal 2 bedroom, 1 bath suite down. Separate meters and heating systems, extra soundproofing between floors, crisp modern finishings and style throughout, extra-large parking pad area outside, and a coveted attached 2 car garage. GST is included, there's a 2-5-10 Warranty for peace of mind, and an expected cap rate of 6.5% to 8%. Property has JUST been tenanted (March '23), projected returns reflect actual current rents (upstairs unfurnished no utilities included, downstairs furnished utilities included). Turn-key, cash-flow positive, warranty protected.More details
Binning Tower by well-known developer Wall Group Companies & designed by award-winning IBI Group Architects, nestled next to the Pacific Spirit Park within the vibrant community of Wesbrook at UBC. Executive 3 ensuites + 1 flex room which can be used as a bedroom, office, or dining room of your own choice. SW-facing floor-to-ceiling windows provide ample light and offer spectacular views of mountains and oceans. European gourmet kitchen w/integrated high-end Gaggenau appliances including 5 burner gas range, double wall ovens & premium wine fridge, quality hardwood flooring, marble & quartz countertop. Walking distance to Wesbrook Village, Pacific Spirit Regional Park, U-Hill Elementary & Secondary, shops, and restaurants.More details