Lw4 4983 Imperial Street, Burnaby
“Polaris” Metrotown! Live/Work 1,248sf (648sf up + 600sf on main) unit facing Imperial. Upstairs features a 2-bdrm, 2-bath, full kitchen, self-contained residential unit w/balcony. Main is commercial/office unit CD-zoned (strata prohibits various incl: restaurant, health care office, liquor sales, & more) & has 12-14’ high ceilings + full, 4-pc accessible washroom. Upstairs unit currently tenanted: $3,000 mth-to-mth. Street-level main is available. Easy to show. Complex has 10,000sf courtyard, gym, guest suite, games & meeting rooms, golf simulator, party lounge, outdoor BBQ, dining terrace & 24-hr concierge. 1 Parking space + locker. Potential net ROI (return on investment) is 3.63% if upstairs $3,000 + ground flr $3,100 - estimated 2022 property tax $4,000 - strata fee $7,850 = $61,350.
Listed By: RE/MAX Westcoast
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.