Property Information:

Investor alert! If you’ve been looking for a simple, low-maintenance way to get your foot in the real estate investing door, this 1 bedroom, 1 bathroom unit in Nicola Apartments is tough to ignore. Step inside to a functional galley kitchen that flows into your own dedicated dining area and a bright living room—a classic layout that just makes sense. The bedroom is generously sized, there’s a full bathroom, and you’ll love the extra storage: in-suite storage, deck storage, plus the bonus of your own hot water tank (hello, fewer shared-building surprises). Even better? This is a turnkey rental: currently tenanted at $1,100/month, with the tenant paying their own utilities, and they’d love to stay—meaning you can start collecting rent without the vacancy stress. It's even being fully managed if that's something you prefer. Numbers at a glance: Rent: $1,100/month, Strata fee: $249.37/month, Taxes: $1,522/year. Tenanted unit—please allow 24 hours notice for showings. Whether this is your first investment property or you’re adding a no-fuss rental to the portfolio, this is a smart little opportunity worth a look. (id:27)