7440 COLUMBIA STREET
Mission, British Columbia V2V4C1

Mission Hills is a 39-unit apartment building perched above Downtown Mission on a 31,000 SF lot that offers incredible investment upside, driven by an insatiable demand for rental units in the area. With a favorable suite mix of 15 1-bedroom suites and 24 2-bedroom suites, tenants relish the expansive suite layouts and balconies and sweeping views of the Fraser River and beyond from the second and third floors. Built in 1980, the property benefits from an 800-amp main electrical service, whereby each suite receives 100-amps, is individual metered and have been fitted with breaker panels. Heating is by way of electric baseboard heaters and there are two high-efficiency, on-demand boilers that supply hot water to the building, ensuring lower-than-average overhead. Tenants have access to an underground parking structure with 51 stalls, as well as a dedicated laundry room on each floor, both of which present an opportunity for additional income. (36027307)