For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
Mortgage rates are estimates of current rates. No fees are included.
Own an excellent investment unit in the prestigious Marriott Pinnacle Hotel in Coal Harbour, heart of the world famous beautiful Vancouver, Next to Convention Centre, Cruise Ship Terminal, Canada Place & Stanley Park, walking distance to hi-end shops & restaurants. 290 SQFT SE facing fully furnished hotel unit on the 9/F with great city view. It is completely managed and operated by Marriot. This is a holding asset with a cap rate of 5.15%/annum (based on past two years NOI)! Besides being able to enjoy all hotel amenities including a large fitness center, an indoor pool, steam room & sauna, owner is also entitled to stay in unit or similar unit for maximum 30 nights but cannot use as a private residence. Pictures are taken from Marriott Hotel website. **(DOUBLE EXPOSURE: C8058736) **
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.
Disclaimer
Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.
