INVESTOR ALERT – An opportunity to own a fully managed revenue generating property. This one-bedroom 100% freehold strata rental unit is located within a hotel managed property with a 6.6% CAP RATE (based on 2024 revenues) and a 31% average year over year growth rate since 2020. This Executive Suites Hotel & Resort property is a successful and well-managed hotel and strata property. www.executivehotels.net/squamish-resort-hotel This unit is located on the 3rd floor facing east looking out over the community park and Mount Garibaldi, Black Tusk, Wedge Mountain, and the Tantalus Mountain Range, as well as peaks in the McBride Range and Fitzsimmons Range. Enjoy up to 70 days of personal use a year. Unit features include granite countertops and stainless-steel appliances.
Address
314 - 40900 Tantalus Road
List Price
$389,000
Property Type
Residential
Type of Dwelling
Apartment/Condo
Structure Type
Multi Family, Residential Attached
Area
Squamish
Sub-Area
Tantalus
Bedrooms
1
Bathrooms
1
Floor Area
531 Sq. Ft.
Main Floor Area
531
Lot Features
Central Location, Near Golf Course, Recreation Nearby
Total Building Area
531
Year Built
2008
Maint. Fee
$343.25
MLS® Number
R2976947
Listing Brokerage
RE/MAX Select Properties
Basement Area
None
Postal Code
V8B 0R3
Zoning
CD-12
Ownership
Freehold Strata
Parking
Underground, Open
Tax Amount
$2,883.55
Tax Year
2024
Pets
Yes With Restrictions
Site Influences
Balcony, Central Location, Near Golf Course, Recreation Nearby, Shopping Nearby
Accessibility Features
Wheelchair Access
Community Features
Shopping Nearby
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Interior Features
Elevator
Association
Yes
Board Or Association
Greater Vancouver
Association Amenities
Bike Room, Exercise Centre, Concierge, Electricity, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, RV Parking
Heating
Yes
Heat Type
Electric
Cooling
Yes
Cooling Features
Central Air, Air Conditioning
Fireplace
Yes
Fireplace Features
Gas
Number of Fireplaces
1
Garage
Yes
Laundry Features
In Unit, Common Area
Pool Features
Outdoor Pool
Spa Features
Swirlpool/Hot Tub
Levels
One
Number Of Floors In Property
1
Window Features
Window Coverings
Subdivision Name
Executive Suites Hotel & Resort