1 bed
1 bath
310 sqft
Apartment/Condo
Built in 1999
0 parking
Freehold Strata
CD-1 zone
Public remarks
Marriott Pinnacle Hotel - A 4.5 star hotel located in the heart of Coal Harbour among the most valued & prestigious real-estate in Canada. North West views, this unit is a wheelchair accessible and has a terrace. Owners enjoy the benefit of 30 free nights anytime in the year & get a 15% discount in the ShowCase restaurant, along with 10% off on their room service meals. Own investment property in BC for occasional use without incurring the Vacancy Tax. Enjoy free access to the business centre, fitness centre, & spa anytime as an added benefit of using your Owner's Card. This is not a private residence; this is a hotel strata ownership. Rental pool is managed by Pinnacle International. High Occupancy Rate. AIR-BNB is banned downtown, which will further increase rental in hotels stays.
Private remarks
** PRIVACY PROTECT** Size is approx. Buyer to verify if deemed important, viewings with notice 11:00AM - 1:00PM, Hotel strata investment property. Share revenue from hotel rental pool (guest rooms + restaurant + function room + ballroom income). Owners have 30 days/year free stay plus use of the recreation facilities. 2024 YEAR NET INCOME APPROX. $35,000
Cooperating commission
3.255% on the first 100k, 1.1625% on the remaining balance.
$600,000 ($1,935/sqft)
Active
Expiry date
Original price
Gross taxes (2023)
$2,634.16
Property transfer tax
$10,000.00
Association fees
$25.00
Last Updated: 01/06/2025 10:26 AM
Courtesy of Rennie & Associates Realty Ltd.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
517 1128 Hastings Street | R2854553 | 01/06/2025 10:26 AM | 02/29/2024 | Active | $600,000 | Login to view | Simon Lai PREC* | Rennie & Associates Realty Ltd. |