5695 Ormidale Street, Vancouver
Extremely Rare Turnkey Revenue Generating Property: 4 distinct and renovated 2-3 BR suites ranging from 495sf to 1049sf on Ormidale St. Situated near Kingsway at large hub phased for imminent redevelopment. Located in Vancouver's fastest growing neighbourhood Collingwood; close to Skytrain, new high-rise towers, restaurants, amenities. A hassle-free investment with long-term tenants. Major upgrades (new windows, paint, high efficiency furnace, new hot water tank, Roxull soundproof wallboards, etc) from 2012 to present given tremendous pride of ownership. Professionally managed attracting highly qualified long-term tenants. Watch this property grow while adding $5,000/ month additional revenue streams to your portfolio.
Taxes (2017): $4,620.68