313 8850 University Crescent, Burnaby
Great investment opportunity. Terraces at the Peak - A great community development by Intergulf. This South facing 827 Sqft 2 bedroom + 2 bathroom LOCK-OFF unit with 2 entries is a perfect investment or homeowner looking for a mortgage helper. The unique layout can be divided into two complete sections – 1 bedroom with full kitchen, dining and living space; and the other 1 bedroom with mini bar fridge and sink counter. Tenant rental fee before Covid19 was $2600/month (with 20% downpayment, still have positive cash flow.), current rental income is $2400/month higher than average 2bd rent in the SFU rental market.
Taxes (2019): $1,679.14