
MLS® R3152943Advantage Property Management
Overview
An exceptional opportunity to hold as an investment or pursue future development.
The property includes an active PLA approval to subdivide one lot off Yale Road, with approvals in place and ready for construction to begin. The fully renovated 3,000 sq. ft. home offers excellent income potential, generating nearly $5,000 per month from two self-contained suites. With a total of 5 bedrooms and 3 full bathrooms, this is an ideal holding property while planning for the future. Situated on just over 4 acres the possibilities are extensive. A completed geotechnical study confirms solid rock conditions. The property backs onto City parkland, providing privacy while being surrounded by other higher-density developments, making it well suited for an upscale residential project.
These are estimates. We include Property Transfer Tax (PTT), legal, inspection, title and other closing costs; brand-new homes also add GST. The first-time-buyer figure applies the BC PTT exemption. Your real costs depend on the home, your lender and your lawyer. Run the closing costs and first-time buyer exemption calculators, and confirm with your mortgage broker and lawyer before you budget.
Courtesy of Clarke Sexsmith - PREC* · Advantage Property Management

Gallery
40 photos
The home

Layout
Build
Parking
Costs
Interior

The area
Walk the block, time the commute, scout the coffee shop you'll stop at every morning.
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Inquire
We'll coordinate with Advantage Property Management on showings, paperwork, and what to ask for. Leave your name, email, and phone, we'll get back to you the same day.
Monthly payment
About $10,748/mo
5% down · 5.25% · 25-yr amortization.
Estimate only. Talk to a mortgage broker before relying on this.