Its Time For Another
Brads Vancouver Real Estate Pick Of The Week!
Click the following link to watch the screencast where I run through why this listing is the "Pick Of The Week:
My real estate pick of the week is a great example how there are always opportunities in every market. For example the downtown condo market which has already been through what I call a“healthy correction”. Prices after 2008 went through a correction and many downtown condos now have great potential for price appreciation and potentially good rental income or to be a good long term investment. Whether you are a first time home buyer or looking for an investment this weeks pick is a great fit. Its in Gastown #202 233 Abbott Street. Its a heritage style building close to Water street which has loads of pubs, cafes etc. Its been reduced to $299,900. Its a 1 bedroom, the maintenance fee is $212 and a Sq footage of 544. It is also currently tenanted, (leased until June) for $1375 per month which give you an idea of the rental return you can get. Downtown condos definitely have great potential.
Check out the screen cast via the link below where I go into greater detail about my pick of the week!