505, 66 W Cordova St, Vancouver - 1BR, 1BATH, 534SF

Welcome to the Heart of Historic Gastown, urban living at its authentic core. This site was chosen by one of Vancouver’s renowned developers, Westbank. This corner unit brings together many of the best attributes on your condo checklist. 9 ft ceilings expand the feeling of space inside, complimented by the over-sized 100sf covered private deck, great for pets, plants, and social. South, west facing windows sun drench this home in the late afternoon. The spacious bedroom has floor to ceiling windows, access to covered deck, walk-through closet, and shared en suite. The oversized storage unit maximizes one of the most sought after resource in condo living. Waterfront Skytrain Station, food, premier restaurants (100 walk score) nearby. 

Unit Size: 534 sf. Strata plan 49.6m2.  
Deck 9.9756m2. 107SF
# of br: 1
# of bath: 1
Strata Fee: $340
Taxes: $1,506
Parking: 0
Storage: 1 oversized
PID - 028-782-208
Building Name:  60 W Cordova
Pets and Rentals: yes

PROPERTY REPORT

As an investment (estimated):

Annual Gross Income: $25,200 ($2,100/month)
NOI: $18,900 (1,575/month)
CAP Rate: 3.8%

Positive Cash Flow Benchmark

Down payment: $198,400

Mortgage of $297,600. Payment (4%, 25yr term): $1,575