The Best Investment Property on the Shore! The numbers don't lie, $6000+/mo potential income! A prime, central Lonsdale property with a rare newly built Lane-Way home, by Smallworks, an award winning specialist Lane-way Home company. The opportunities with this property are endless. The existing old timer home is divided into two income suites. The upper two floors are rented for $2,500 per month, on a month by month contract. The basement suite has three bedrooms, kitchen and laundry, ideal for International Students! The Lane-Way home has also achieved $2,400/mo in rental income in the recent past. Buy and hold, or live in the lane-way home whilst you build your dream house! Close to all of Lonsdale's amenities, and a great school catchment to boot. Don't miss this great opportunity.

Taxes (2019): $4,746.83


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Listed By: VPG Realty Inc.

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.