I have listed a new property at 207 110 Baxter AVE in Kitimat. See details here

Approx. 36 unit 7yr old complex in a very nice, quiet, residential part of town, with the property backing onto Crown land. 5 small buildings of about 6 units each, all very close to 950-1,050sf in size; each of these 5 buildings has 2 'rancher' units on the bottom with 4 2-level units above or on end. Each unit has 2 outside parking and 1 locker. Modern finishes. Hardiboard cladding on a cavity-wall envelope ('rainscreen'), sloped roofs; very simple complex with no shared boiler/plumbing system, elevators, parkade, amenities, etc.. Vast majority are rented out and owned by non-local owners (INCLUDING one owned by myself; full disclosure). Contingency of over $100k, Depreciation Report being done in 2021. Strata council consists of two multi-unit owners and a local property manager who owns in the complex. Rent history in complex: historically, rents have ranged from $1,500~ (unfurnished, back in '14) to $3,600~ (multiple units rented furnished to LNG Canada in 2016). Fully-furnished 'executive' rentals over the last few years have ranged from $2,600-$3,200/mo, with some landlords including utilities (avg. $200/mo over the year including internet). Unfurnished units currently range from $1,600 long-tenured to $3,000/mo much more recently to Rio Tinto, Fluor, or LNG-C) Median prices for these units have settled consistently in the $330k-$350k range over the last year and a half, but likely rising due to how high rents have become. Strata fees are in the $220/mo range and property taxes in the $2,200/yr range. A local furniture company in Terrace has a full furniture package for these units for approx. $8,000 including delivery and assembly. Sundries (tableware, tv, lamps, etc.) typically run about $1,000. From vacant/empty/clean to fully furnished can be estimated at $9,000, comfortably.

I have listed a new property at 5240 Smith AVE in Terrace. See details here

TURN-KEY INVESTMENT PROPERTY - This brand new 3 bed, 2 bath rancher is generating $2000+ (approx 8% CAP) a month in positive cash flow. Long-term corporate tenant in secure lease (ending December 2026) - furnished by the tenant and will be fenced and landscaped. GST is included and this home is protected by the 2-5-10 new home warranty. Great layout with 9 foot ceilings, in-floor radiant heat throughout, large garage and open plan main living/dining/kitchen. Quality finishing throughout by Swift River Construction. Located in a desirable new neighbourhood close to schools and college. This is a great opportunity for low maintenance passive income.

I have listed a new property at 207 2688 WEST MALL in Vancouver. See details here

A favorite Expertly built by famed Polygon Homes our spacious dream pad spans close to 1,040sf. Harbouring the most desirable open concept layout with 2 bedrooms off the main living ensuring excellent privacy. Adorned with the highest quality materials throughout such as granite counters, plenty of custom cabinets, & SS appliances, this stunning home has been further upgraded with new laminate floors. Its many large windows create an open airy atmosphere while also garnering copious amounts of sun. Enjoy quiet & calming views of the inner garden from your spacious balcony. NW-facing orientation ensures the most captivating sunsets one could imagine. Choose to live at the most striking and best-built development in the most sought-after Hawthorne Place of UBC.

I have listed a new property at 1601 3355 BINNING RD in Vancouver. See details here

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.

I have listed a new property at 4261 MUSQUEAM DR in Vancouver. See details here

*Ask me about this type of ownership (Prepaid 1st Nations Leasehold); for the right buyer profile, the value can be exceptional! Cheers, Eric Spacious 5 Bedroom family home - Rarely available & highly sought after Vancouver West living. This bright home offers large rooms and plenty of space for the family - a grand entrance leading to 3 Bedrooms upstairs, a tastefully updated gourmet kitchen, open & a bright vaulted ceiling living room. Updated exterior glass railings, front entrance, and more. Stay cosy w/ 3 fireplaces & enjoy a large sundeck overlooking a private & serene lush green backyard. Equipped with 2 additional balconies & a Double Garage. BONUS - fully updated ground level 2 Bedrm in-law SUITE on ground level, large foyer & Rec Room, w/ Separate entrance, kitchen & laundry. Centrally located near UBC, YVR, Kerrisdale and Dunbar, top school catchments, trails, parks, impeccable recreation including the Golf Club & more.

I have listed a new property at 8415 81 ST in Fort St. John. See details here