Multi-family for sale

201 14333 104 Avenue, Whalley, Surrey

$8,525,000 or
$8,525,000 or

Multi-family for sale

201 14333 104 Avenue, Whalley, Surrey

Features

Lifestyle
224942952 8525000 /en/multi-family~for-sale~whalley-surrey/224942952?view=Summary /en/multi-family~for-sale~whalley-surrey/224942952/photos 49.1921200000 -122.8250500000 true
Year Built
2009
Floor Area
19,227 sqft
Gross Property Tax
$31,511.29 /year
Building Type
Condo Strata Complex, Low Rise (2-4 storeys), Mixed Use
Building / Complex Name
Park Central
# of Elevators
1
Zoning
C35
# of Parking Spaces
18
Suite Mix Information
8 x 2 ½, 10 x 3 ½
64

Description

Unique Opportunity for Investor or Institutional Organization to purchase 18 strata units in this mixed use building known as Park Central in the Guildford area of Surrey. the 18 units make up the entire second floor of this six storey building, with a front desk in the lobby of the 1st floor. The units are comprised of spacious 3 bedroom/2 bath and 2 bedroom/2 bath with balconies. The building amenities include a full gym, indoor pool & hot tub, and underground parking. The registered covenant is for "Extended Stay Hotel Units" which allows the units to be rented on a short tem basis; daily, weekly, monthly up to 6 months. Potential for a 5%+ Cap rate with strata rental or over 7% Cap Rate with daily/weekly rentals. Address includes Units #201 -#203, #205-#212, & #215-#221 14333 104 Ave
MLS® Number C8037883

Listing REALTOR®

Chris Van Vliet, REALTOR<sup>®</sup>

Chris Van Vliet

REALTOR®

William Wright Commercial Real Estate Services

William Wright Commercial Real Estate Services,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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