1 Bedroom Condo Flip Opportunity in South Burnaby!! Assigned

  • $380,000
  • 1 beds
  • 1 baths
  • 720 sqft
Assigned

This 1-bedroom condo located in South Burnaby’s incredible Highgate neighbourhood provides investors the opportunity to take advantage of the rising market, with benchmark prices up 6% in Vancouver since the end of 2020. Investors can profit from a quick-flip with cosmetic upgrades to this property, located only steps away from Edmonds Skytrain Station. At just $380K, this property provides an affordable investment for first-time flippers!

We are selling our assignable purchase contract.

Closing is May 12th, 2021

PROPERTY FEATURES
  • 1 bedroom condo
    • Includes private balcony
  • 1 bathroom
    • 4-piece bathroom accessible from bedroom (ensuite-style), and also from condo living area
  • Built in 1992, by award-winning developer Polygon
  • Total floor area: 720 sq ft (as per BC assessment)
  • Flooring is a mix of laminate and tile throughout the unit
  • Electric baseboard heating throughout, and also includes a gas fireplace
  • Stainless steel kitchen appliances and top of the line LG washer and dryer were purchased in 2020 (as per Seller) and will be included in sale
  • Building amenities include: bicycle storage, full gym, and storage locker
  • 1-car, underground parking space (included in strata)
  • Strata (condo) fee: $387/month (Buyer to verify)
    • Fees include: caretaker, garbage pickup, gardening, gas, hot water, management, and recreation facility — Buyer to verify
  • Rentals in this complex are only allowed in cases of financial hardship
PROPERTY NEEDS
  • Cosmetic updates

 

Please click HERE for more pictures and information.

Price:
$380,000
Address:
6820 Rumble St
Burnaby, BC
Square Feet:
720
Bedrooms:
1
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Condo
Year Built:
1992

Call (647) 400-2093 for more details

Property Location