2 bed
1 bath
595 sqft
Apartment/Condo
Built in 1995
0 parking
Freehold Strata
DD zone
Public remarks
Attention Investors! With the City of Vancouver clamping down on short-term rentals (i.e. Airbnb), there may never have been a better time to invest in a strata hotel. Situated on the corner of Robson St and Hamilton St, your guests will be just steps away from BC Place, Rogers Arena, Queen Elizabeth Theatre, great shopping, terrific restaurants, rapid transit and all of the amenities that Downtown Vancouver has to offer. Sunset Beach is an eight-minute bike ride away. Say goodbye to Speculation and Vacancy Taxes, Empty Homes Taxes, and tenancy headaches and say hello to having your property professionally managed by a first-rate hotel management team. BONUS: This 2-bedroom suite with a kitchen is yours to enjoy for 12 nights per year. A staycation never looked so good! Call today.
Private remarks
Investors only. Hotel revenues are shared by owners. Measurements are approximate and should be verified by the buyer if important. Square footage taken from the strata plan. Per hotel controller, this unit's rental income for fiscal year ending 2024-03-31 was $28,287.87. Please allow time for showings and offer acceptance.
Cooperating commission
3.22% on 1st $100,000 / 1.15% on bal
$350,000 ($588/sqft)
Active
Expiry date
Original price
Gross taxes (2024)
$1,015.12
Property transfer tax
$5,000.00
Association fees
$749.66
Last Updated: 10/28/2024 05:28 AM
Courtesy of Royal LePage Sussex
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
1009 838 Hamilton Street | R2905835 | 10/28/2024 05:28 AM | 07/15/2024 | Active | $350,000 | Login to view | Michael Giesbrecht | Royal LePage Sussex |