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SEE
MAP
Features -Only two suites per floor, (14 suites)
-Sound resistant, concrete building
-4 appliances, including microwave oven, dishwasher, fridge & stove
-Hardwood Floors (living, dining, halls and bedrooms) -Security intercom systems with two separate access codes in 2 BD suites
-2 bedroom suites have two full baths
-Views of English Bay
-Each suite has south-west or south-east exposure
-Secured, underground parking stalls & bike storage
-Storage lockers & in-suite storage space
-All suites have balconies
-Video security system
-High-speed Internet access
-Gym amenity room
-Baseboard heating (3 thermostats in 'A' suites)
-Bedroom doors are solid wood
-Aluminum 'Thermobroken' Windows
-Built-in bathroom vanities
-Maple Veneer Kitchen Cabinets
-Venetian Blinds
-Maple Hardwood Floors in all living areas and bedrooms
-Tiles in Baths and Kitchen
-Washer / Dryer in Basement
-Utilities, cable and internet access not included in rent
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The subject property is an 8 storey luxury concrete strata mid-rise located in Vancouver's popular West End. Just a few minutes walk to Robson or Davie, grocery stores, downtown shopping, English Bay, Stanley Park and Granville Island Ferries.
| Civic
Address: |
1150 Bute Street, Vancouver |
| Legal
Description: |
Lots 1-13 BLK 185 LD 36 PL LMS3464
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| PID: |
024-250-244 |
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Assessment
(2005):
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Land: |
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$889,000.00 |
Building:
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$2,157,000.00
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Total: |
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$3,046,000.00 |
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| Taxes
2005: |
$15,050.15
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| Age: |
1998
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Income
and Expense:
2005 Proforma |
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Gross Income
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$224,760
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Less Vacancy 2%
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($4,495)
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Effective Gross
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$220,265
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Expenses ($5,000/unit)
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$68,000
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NOI
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$152,265
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| Suites: |
13 Units |
| Financing: |
Clear title |
| $/Unit: |
$276,923.00 |
| Asking
Price: |
$3,600,000.00 |
| Selling Price: |
$3,455,000.00 |
| Sale Date: |
November 2, 2005 |
| Suite
Mix |
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6-1Br/den (650 sq. ft.)
7-2Br (825 sq. ft.)
1-studio (350 sq. ft)
Total saleable area 9,675 sq. ft.
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13 Total Suites
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