Real Estate Investment:  Burnaby Townhome - A 6688 DUFFERIN AVENUE

About This Property

This townhouse in Metrotown is a unique, fully furnished end unit with 2 separate entrances and suites, 4 bedrooms, 4 washrooms, 2 kitchens plus attached private double garage. Short/long term rental allow, great mortgage helper downstairs $1200 monthly. AirBnB'd for the past year averaging $86,000 / year gross revenue.  Highlighted 9' ceilings with modern design functional floor plan, large windows, stylish kitchen etc. buyer to verify. The property situated in the heart of Burnaby's finest neighbourhood, close to Metropolis Shopping Centre, Bonsor Recreation Facilities, walking distance to sky-train station and bus stop.

Features

  • Built in 2015
  • 1,486 SQFT
  • $3,650 annual taxes
  • $170 / month Maintenance Fee. 

Asking Price $1,070,000 

Initial Cash Required: $240,000

Monthly Cash Flow: $1,722

Annual ROI: 33%

(10 Year Hold)

   

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