Real Estate Investment: Studio in New Westminster


About This Property               

Welcome to the LOTUS - Attention investors, this must-see suite features a beautiful balcony with panoramic sunsets which makes it a great rental opportunity! This beautifully laid out 450 SQF 1 bed unit offers a bright and excellent floor plan features include sleek Quartz countertops, under-mount LED lighting, two-tone cabinets, Bloomberg cooktop/built-in oven & integrated fridge/freezer, GE dishwasher, in-suite laundry, high ceilings. Retreat to a stunning balcony with SE views of the Fraser River. Walk to Skytrain, restaurants, shopping, New West Quay, schools, parks, 15min drive to Metrotown, 20 min to YVR, 30 min to DT. Complete with 1 parking/ 1 storage + bike room.

  • Built in 2017
  • 450 SQFT
  • Parking + Storage
  • $207.20 Maintenance Fee

Asking Price $380,000

Initial Cash Required: $102,000

Monthly Cash Flow: -$115

Annual ROI: 18%

(10 Year Hold)


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