368 E 33rd Avenue

About this Business in Main

Not your typical income property. Custom-built by the owner/builder for himself, this exceptional QE Park residence reflects an uncompromising commitment to quality, longevity and timeless design. Multiple income-generating micro-suites provide diversified revenue, while premium materials and meticulous craftsmanship set this property apart. Features include Venetian plaster, granite and porcelain finishes, triple-glazed Krypton windows, rainscreen construction, superior soundproofing, double insulation and a 50-year steel roof. Current net income approx. $98,500 with potential to reach $118,800—approximately a 4% cap rate with upside to 4.75%. A rare combination of classical design, thoughtful engineering and durable construction. Owner-builder retiring. By appointment only.

Listed by Real Broker/Sutton Group - Supreme Realty Corporation.

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Joe Lee for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.