615, 950 Drake St, Vancouver, BC – vancouver real estate

615, 950 Drake St, Vancouver, BC

Sale price Price $870,000.00 Regular price

Welcome to Anchor Point. Enjoy all the comforts inside your home as this unit is fully renovated while you enjoy south/west views of sunsets and the courtyard. This is the largest condo unit in the building at 644 sq ft; 1 bedroom and 1 bathroom and 1 parking spot included. Transit in all directions located 1 block away. 10 minute walk to Yaletown Skytrain station and all shopping needs nearby.

Investment details and opportunity: There is a 1-year fixed lease contract in place, and currently drawing maximum market rents and top level renter clientele. Anchor Point is comprised of 4 stratified buildings built in late 70’s. The buildings have been under heavy pursuit of assembly for future development. Current asking price is reflective of current assembly contracts already put in place. This unit’s overall location within the building has commanded top pricing from all levels of sales/investment possibilities.

Strata Fee of $357. Annual gross taxes of $998.