Sold Collingwood VE, Vancouver East

5695 Ormidale Street, Vancouver

$1,538,000

8 Beds 5 Baths 2,816 SQ.FT House

Details

MLS®
R2487946
Style
3 Storey
Year Built
1910
Parking
3
Size
2,816 SQ.FT
Property Tax
$4,938
Tax Year
2019
Price per Sqft
$546/sqft

Description

Turnkey Revenue Generating Property / Move Up Home with 3 Mortgage Helpers/ City-Initiated 4-storey Land under new secured rental policy. Four 1-3 BR suites ranging from 495sf to 1049sf on Ormidale St. Situated near Kingsway at major hub phased for imminent redevelopment – One of Vancouver’s fastest growing neighbourhood Collingwood; close to Skytrain, abundant high-rise towers, restaurants, amenities. A hassle-free investment with on-going major upgrades (windows, paint, high efficiency furnace, hot water tank, Roxull soundproof wallboards, decks, 2 reno’ed suites) from 2012 to 2020 with tremendous pride of ownership. Professionally managed attracting highly qualified long-term tenants. Watch your investment grow and add over $5,700/ month additional revenue streams to your portfolio.

Location

Amenities

  • Central Location