LW4 - 4983 IMPERIAL STREET, BURNABY, BC, V5H 0J8


PRICE
:
$1,688,000.– ONLY
AGE
:
BRAND NEW
AREA
:
METROTOWN
SQUARE FOOTAGE
:
1,248 SQ.FT. FROM STRATA PLAN
LEGAL DESCRIPTION
:
SL13 PL EPS 7850 DL152 GRP 1 LD 36
TYPE OF PROPERTY
:
STRATA-TITLED LIVE/WORK 2-STOREY UNIT
LOCATION OF PROPERTY
:
HIGH EXPOSURE UNIT FACING IMPERIAL & NELSON
ZONING
:
CD
MAINTENANCE FEE
:
$654.07 PER MONTH
PARKING
:
#26 (COMMON PROPERTY)
PROPERTY TAX
:
$4,000 APPROXIMATELY (YEAR 2022)
LOCKER
:
#15 (COMMON PROPERTY)
PET RESTRICTIONS
:
2 MAX, CATS and/or DOGS,
MAX 75cm TALL AT SHOULDERS,
NO 'VICIOUS' BREEDS
RENTAL RESTRICTIONS
:
NO SHORT-TERM RENTALS
COMPLEX NAME
:
POLARIS
CLS# & MLS#
:
C8041574 & R2638246



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“POLARIS” METROTOWN! LIVE/WORK 1,248 SQ.FT. (648 SQ.FT. UP + 600 SQ.FT. ON MAIN) UNIT FACING IMPERIAL. UPSTAIRS FEATURES A 2-BEDROOM, 2-BATH, FULL KITCHEN, SELF-CONTAINED RESIDENTIAL UNIT WITH BALCONY. MAIN IS COMMERCIAL/OFFICE UNIT CD-ZONED (STRATA PROHIBITS VARIOUS INCLUDING: RESTAURANT, HEALTH CARE OFFICE, LIQUOR SALES, & MORE) & HAS 12-14’ HIGH CEILINGS + FULL, 4-PIECE ACCESSIBLE WASHROOM. UPSTAIRS UNIT CURRENTLY TENANTED: $3,000 MONTH-TO-MONTH. STREET-LEVEL MAIN IS AVAILABLE. EASY TO SHOW. COMPLEX HAS 10,000 SQ.FT. 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 FLOOR $3,100 - ESTIMATED 2022 PROPERTY TAX $4,000 - STRATA FEE $7,850 = $61,350.


ABOVE INFORMATION IS FROM SOURCES BELIEVED RELIABLE BUT SHOULD NOT BE RELIED UPON WITHOUT VERIFICATION.

PATSY HUI
RE/MAX WESTCOAST
TEL: 604-275-9787
FAX: 604-274-9788


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