About this House in Main
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 soun…dproofing, 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.
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.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Karim Bhatia for your convenience.
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.
More Details
- MLS® R3172526
- Type House
- Bedrooms 9
- Bathrooms 9
- Size 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