Introducing Yaletown Apartments featuring 27 units within a single building, each offering the perfect blend of comfort and convenience with 1-bedroom/1-bathroom units. Positioned for growth, rental rates are currently under market value by $200-$300 per unit, presenting a lucrative opportunity for increased returns. Simplifying maintenance efforts, the property boasts all units under one roof, streamlining upkeep operations. Recent capital expenditures have elevated the living experience with luxurious granite countertops, stylish tile backsplashes, and sleek stainless-steel appliances installed in 2019. Additionally, 50% of units feature contemporary tile showers, sinks, and bathroom fixtures, enhancing both aesthetics and functionality. Energy efficiency is maximized with 80% of windows recently upgraded to vinyl, while water heaters are replaced as needed, with 50% already upgraded. Mixed flooring options including hardwood floors and carpeting add to the property's charm, while gated parking with remote control access for tenants, additional off-street parking, and laundry facilities in the basement cater to residents' convenience and security needs. Furthering the property's appeal, electronic keypad access for the front door and package room offer modern amenities for today's discerning tenants. Dating back to 1900, the building exudes a blend of tradition and modernity, offering a unique living experience.
Date | Price |
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-- | New Value: $2,290,000 |
4/11/2024 2:48:00 PM | New Value: $2,290,000 |