Unknown for 806 - 5911 MINORU BOULEVARD, Richmond British Columbia V6X4C7
3 days on Market

806 - 5911 MINORU BOULEVARD, Richmond, British Columbia V6X4C7

Condo
1
1
~437 sqft
$269,000
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Condo
1
1
~437 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$615/sqft

Est. Mortgage$1,155/mo

Maintenance fees$253/mo

Tax Amount (2024)$1,377/yr

Days On Market3 days

Description

Outstanding 'Cash Cow' investment opportunity with a worry-free, fully managed and operated property. This high-income strata hotel investment is located at the Vancouver Airport Hilton Hotel in Central Richmond, offering excellent proximity to the Canada Line, shopping malls, and restaurants. With net operating income of $28,400 in 2024, this property is an exceptional investment. The owner is only responsible for the property taxes of $1376.57 in 2024. (id:39198)

Property Details

StyleApartment
View-
Age of property1999
SqFt~437 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberR2989633
Community NameRichmond
Data SourceCREA
Listing by1NE Collective Realty Inc.

Features

Heating: Electric
Cooling: Air Conditioned

Features

Pool: Outdoor pool
Amenities

Recreation Centre, Restaurant

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 12, 2025
ListedActive
$269,000
3 days on market
history photo preview1
Listing by crea®
Property listed by 1NE Collective Realty Inc., Brokerage
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Population and Demographics

Overview

Total population 213914
Average household income $113,382

Age (%)

50 to 64
22%
20 to 34
21%
65 and plus
20%
35 to 49
19%
0 to 19
18%

Household composition (%)

Single family
66%
Single person
28%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
35%
Yue (Cantonese)
23%
Mandarin
23%
Others
5%
Tagalog (Pilipino, Filipino)
4%
Punjabi (Panjabi)
2%
Min Nan (Chaochow, Teochow, Fukien, Taiwanese)
1%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget

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