Outstanding 'Cash Cow' investment opportunity with a worry-free, fully managed and operated property. This high-income strata hotel investment is located at the Vancouver Airport Hilton Hotel in Central Richmond, offering excellent proximity to the Canada Line, shopping malls, and restaurants. With net operating income of $28,400 in 2024, this property is an exceptional investment. The owner is only responsible for the property taxes of $1376.57 in 2024.
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
Common Walls - No One Above
Ownership:
Freehold Strata
Common Interest:
Condominium
Year built:
1999
(Age: 26)
Living Area:
437 sq. ft.40.6 m2
Floor Area - Unfinished:
0 sq. ft.0 m2
Building Area - Total:
437 sq. ft.40.6 m2
Bedrooms:
1
(Above Grd: 1)
Bathrooms:
1.0
(Full:1/Half:0)
Kitchens:
0
Rooms:
1
Taxes:
$1,376.57 /
2024
Outdoor Area:
No Outdoor Area
Water Supply:
Public
Plan:
LMS3896
Name of Complex/Subdivision:
Hilton Hotel
Construction Materials:
Concrete, Mixed (Exterior)
Foundation:
Concrete Perimeter
Basement:
None
Roof:
Other
No. Floor Levels:
1.0
Floor Area Fin - Above Grade:
437 sq. ft.40.6 m2
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
437 sq. ft.40.6 m2
Floor Area Fin - Below Main:
0 sq. ft.0 m2
Floor Area Fin - Below Grade:
0 sq. ft.0 m2
Floor Area Fin - Basement:
0 sq. ft.0 m2
Floor Area Fin - Total:
437 sq. ft.40.6 m2
Heating:
Electric
Cooling:
Central Air
Parking Features:
None
Parking:
None
Pool Features:
Outdoor Pool
No
Elevator
No Outdoor Area
Outdoor Pool, Central Air, Wheelchair Access, Recreation Facilities, Sauna/Steam Room, Concierge, Restaurant, Elevator
Outdoor Pool, Wheelchair Access, Sauna/Steam Room, Cooling, Elevator
STRATA LOT 148, BLOCK 4N, PLAN LMS3896, SECTION 5, RANGE 6W, NEW WESTMINSTER LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE
Floor
Type
Size
Other
Main
Bedroom
Measurements not available
-
Floor
Ensuite
Pieces
Other
Main
Yes
3
Association Fee:
$252.86
Age Restrictions:
No
By-Law Restrictions:
Pets Allowed With Restrictions
Dist to Public Trans:
Close by
Property Disclosure:
No
Fixtures Leased:
Yes
Fixtures Leased Description:
ALL CHATTELS COME WITH UNIT
Common Walls:
No One Above
Pets Allowed:
Yes With Restrictions
Home Owners Association:
Yes
Original Price:
$269,000
Land Lease:
No
Zoning:
CDT-1
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected