North Vancouver Revenue Property For Sale

Blog by Arnold Shuchat | July 27th, 2012

I just listed this renovated duplex in North Vancouver which cap rates at 5% net income after expenses to asking price on existing revenues.  Check out under my listing page under "Revenue Properties", 444-446 West Keith Rd., just 3.5 blocks West of Lonsdale in the heart of North Vancouver.  It has great views to Coal Harbor to the South and, the Lions Gate and Georgia Strait to the west, and the north shore mountains off of huge and private decks from the penthouse and secluded master bedrooms as well as from the main floor.  This is truly one of the most outstanding revenue properties I have seen on the market in many years.  There is an assumable mortgage of approximately $1,250,000 at the fantastic rate of 2.99% for a balance of about 4.5 years.