The Opportunity
The subject property is located in the very trendy Strathcona area. Transit to everything is just minutes away. The suite mix of all 2-bedroom units will ensure the building is always fully rented. Rents are very low and can be substantially increased with some upgrades to the building. Strathcona Park is directly across the road and Vancouver’s newest hospital is to be built nearby ensuring strong demand for years to come. A large 9,250 SF lot increases the holding potential but the building will need some upgrades.