Prime West End cash flow opportunity - this fully renovated 420 sq ft bachelor suite generates $2,000/month ($24,000 annual) rent with 7.6% gross ROI. The prepaid leasehold (expiring 2073) includes taxes and utilities in maintenance fees, featuring quartz counters, stainless appliances, and efficient radiant baseboard heating. The building offers shared rooftop pool/deck with panoramic views, steps from downtown amenities and transit. Fully furnished and as a non-strata leasehold property, it permits long-term rentals with optional parking/storage available. Currently tenanted at market rates but vacant possession negotiable - ideal for investors seeking stable yield in Vancouver's most walkable neighborhood or owners looking for a low-maintenance urban retreat.
Address
905 - 1250 Burnaby Street
List Price
$315,000
Property Type
Residential
Type of Dwelling
Apartment/Condo
Structure Type
Multi Family, Residential Attached
Area
Vancouver West
Sub-Area
West End VW
Bedrooms
1
Bathrooms
1
Floor Area
420 Sq. Ft.
Main Floor Area
420
Total Building Area
420
Common Walls
No One Above
Year Built
1964
MLS® Number
R3029876
Listing Brokerage
Nu Stream Realty Inc.
Basement Area
None
Postal Code
V6E 1P5
Zoning
RM-5A
Ownership
Leasehold prepaid-NonStrata
Parking
Open, Lane Access
Tax Year
2024
Pets
No Cats, No Dogs, No
Appliances
Refrigerator, Stove, Microwave
Board Or Association
Greater Vancouver
Association Amenities
Heat, Hot Water, Sewer, Snow Removal, Taxes, Water
Heating
Yes
Heat Type
Hot Water, Radiant
Laundry Features
Common Area
Pool Features
Outdoor Pool
Number Of Floors In Property
1
Number Of Floors In Building
12
View
Yes
View Type
Roof Deck Pool Water View
Subdivision Name
The Horizon
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