Quote:
Originally Posted by Hondaracer
Went to an open house today, an interesting prospect. House in East Van for sale with mountain/water views of the North shore for 1.8. Original is over 100 years old but reno’ed and updated
Has a large 2 bedroom with en-suite for the main living space and then a basement suite and 2 year old laneway house that get $4700 a month and up to $5400 a month outside of covid.
I didn’t love the house nor do I love having two separate tenants but pretty crazy potential for rental income and somthing I’ve been considering
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Maybe it's because I'm a "car guy", but paying $1.8M for a detached house just to have one uncovered parking spot on the property is a no bueno for me.
And then add in tenants and their own cars...yuck
I'm assuming you're talking about the house on Trinity street, right?