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Updated over 5 years ago on . Most recent reply

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Jamie Meushaw
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Condo in Downtown Vancouver

Jamie Meushaw
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $190,000
Cash invested: $50,000
Sale price: $335,000

Purchased this condo when they were converted from apartments in an area of Vancouver 12 years before its take off. Sold at the top of the market, rents during the time of ownership went from $1200 to $2000.