Not your typical income property. Custom-built by the owner/builder for himself, this exceptional QE Park residence reflects an uncompromising commitment to quality, longevity and timeless design. Multiple income-generating micro-suites provide diversified revenue, while premium materials and meticulous craftsmanship set this property apart. Features include Venetian plaster, granite and porcelain finishes, triple-glazed Krypton windows, rainscreen construction, superior soundproofing, double insulation and a 50-year steel roof. Current net income approx. $98,500 with potential to reach $118,800—approximately a 4% cap rate with upside to 4.75%. A rare combination of classical design, thoughtful engineering and durable construction. Owner-builder retiring. By appointment only.
Listed by Sutton Group - Supreme Realty Corporation/Real Broker.
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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
| MLS®: | R3172526 |
| Type: | House |
| Bedrooms: | 9 |
| Bathrooms: | 9 |
| Square Feet: | 2,535 sqft |
| Lot Size: | 3,324 sqft |
| Frontage: | 33.75 ft |
| Full Baths: | 9 |
| Half Baths: | 0 |
| Taxes: | $10614.4 |
| Parking: | Detached, Rear Access, Paver Block (3) |
| Basement: | None |
| Storeys: | 3 storeys |
| Year Built: | 2013 |