315, 204 Westhill Pl, Port Moody, BC - SOLD

Welcome to Westhill Place, Port Moody’s best priced and located 3BR young family home. This cool in summer, tree protected, ground level, south facing, suite is bright with a fully updated kitchen and bathroom. 2ft glowing white marble tiles welcome your entry into an open-concept kitchen with endless counter space. Double sink and soaker tub create the convenience desired from a fully renovated bathroom. Entire condo re-painted and ready for a new owner or tenant to draw maximum rent for that discerning investor. Be impressed with the contemporary sliding door to large 8.5’x5 storage closet at entry adding functional possibilities. 1 parking included and extra parking spot currently rented by owner via strata. Great sized gym with lots of equipment and an always fun indoor pool. Community outdoor pool only 5 min walk away. Bus stop 1-block away. Enjoy your outdoor living with extended patio space, not limited to deck size, that is also great for dog owner in-out of condo. All measurements approx. and should be verified by Buyer.

In a market where 3BR condo prices currently reach $1.2M

Current market rent - $1,800/month

Laundry rate - $1 washer/$1dryer

 Estimated Rental Revenue: $ 1800

Estimated Monthly Taxes: $120

Strata Fee: $385

Approx down-payment for positive cash-flow: $190,000

Cash Flow Analysis Sheet