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37953 WESTWAY AVENUE - MLS® # R2515901

Property Details


List Price
$1,878,000
Living Area
4,014 sqft.
Bedrooms
8
Bathrooms
4
Lot Size Area
14400 sq.ft.
Taxes
6055.09
Type
Fourplex
Style
Basement
Year Built
1964

Description

Great investment opportunity! Located 1 minute to Hwy 99 direct access to Vancouver & Whistler. Great revenue 4-plex located on a huge corner double-sized lot in Valleycliffe w/4 newly renovated homes each w/2 beds + den.Each unit is fully tenanted. All units are equipped w/ own hot water tanks, gas forced air furnaces, laundry room incl. in-suite laundry & full kitchens. The property is updated with newer windows, siding, painted & roof. Each unit has a private yard space w/huge views of the Chief & a short walk to hospital. Includes communal gardens & additional green space. The zoning RM-2 (.8 fsr). Very good income+Future Opportunity. No Foreign Tax! 4 Units identical. Rents $1900/$1900(new)/$1545.70/$1172.60 Income as of Dec 1/20 78,220$+ approx 3.5% cap with upside to 91k+ In income

Listing Provided By

RE/MAX Masters Realty

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  • Polly Reitze
  • 604.671.7076
  • 604.671.7076
  • 604.671.7076
  • polly@pollyreitze.com
  • Engel & Volkers Vancouver
  • 1555 Marine Drive
  • West Vancouver, BC
  • V7V 1J5