REVENUE PROPERTY UNDER 180K - Your search is over. Rate of return approx CAP rate 5% based on 900/m rent. Sensible 660 SF 1 bedroom 1 bathroom rental property. First floor but above ground. Centrally located, with schools, transit, parks shopping and hospital nearby. Close to freeway for commuters. This building has no age restriction no rental restriction however does not allow pets, additionally 1 storage unit 1 parking stall. in suite laundry. Property manager on site to keep everything orderly. Reasonable strata fee and taxes make this a true winner. It a good time to be a landlord, however it also makes good sense for a first time buyer with a view to rent this property later. Newly remodeled & features new laminate flooring, walls and ceilings painted, new light fixtures, baseboards, updated doors and newer appliances, new kitchen cabinets, counter tops, tiled ceramic bathroom floors and tub enclosure, new toilet, bathroom sink. WINNER (id:2493)