Excellent Blue Chip Investment Property – Purchased January 3, 2009

Victoria Farrell, Sales Representative with Downtown Suites Ltd., negotiated an excellent deal for our clients on acquiring this suite for their investment portfolio.
Originally priced at $899,000, this suite was reduced to  $749,000 and then to $699,000.  Purchase price was negotiated at $665,000, over $110,000 below tax assessed value!
The Suite:
Spectacular views of False Creek North overlooking George Wainborn Park, Granville Island and False Creek. This 2 bedroom plus den suite features granite countertops, stainless appliances with gas range, foyer, large bedrooms and designer paint. Located just steps to the Seawall and close to everything that the Marinaside District has to offer.
The Building:
The Azura  is an excellent building which is  only 5 years old  with the best facilities in Vancouver Club Viva including, 80 ft lap pool, swirlpool, mens and womens saunas and steam rooms, squash courts, state of the art fitness facilities, two media rooms, multi-function room, guest suite and 24 hour concierge.
The suite was purchased for one of our clients and we are now managing it for them as a rental property.
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December 15th-20th New Listings

Here are the new listings for Downtown Suites this week:

1702-928 Richards St:$1150, 490sf in Yaletown
Beautiful Studio, gas fireplace, storage locker, 1 parking spot

2802-198 Aquarius Mews:$1750, 804sf in Yaletown by the Marinaside
2 bedroom, 2.5 bath, in suite laundry, magnificent views of the city and the marina

2501-1328 W Pender: $1850, 810sf in Coal Harbour
2 bedroom, 2 bath, gas fireplace, in suite laundry, great views of the city, ocean and north shore mountains

1901-1111 Alberni St: $2950, 1530sf in Downtown
2 bedrooms both with ensuite bathroom in the Shangri La, fantastic modern kitchen with top of the line appliances, patio with west facing views of the city

PLEASE NOTE THAT WE WILL BE CLOSED FROM DECEMBER 24TH AT 3PM-JANUARY 1ST. WE WILL RESUME SHOWINGS ON THE 2ND.

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