Jackson Tang. Brandon Harding* Terry Harding Senior Vice President

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2 Terry Harding Senior Vice President Jackson Tang Brandon Harding* 國語, 廣東話, 福建話查詢 *Personal Real Estate Corporation Vice President Representative

3 FOR SALE CHARMING CONVERTED CHARACTER HOME IN THE HEART OF THE WEST END

4 THE LOCATION Charming, converted character home residing on a quiet street in the heart of downtown Vancouver s West End neighbourhood. This area is a Walker s Paradise according to walkscore.com. This rarely available neighbourhood is centered between all three major downtown hubs: widely known Robson Street shopping is directly to the north, the Central Business District is to the north and east, and beachfront Denman Street is to the west. Within a 15-minute walk is the Burrard SkyTrain station on the Expo Line. Nearby are popular coffee shops, local restaurants, corner stores and all the amenities that tenants need to make downtown liveable without transportation. This neighbourhood is centered between all three major downtown hubs.

5 Stanley Park Causeway Beaver Lake Stanley Park Pipeline Rd Lost Lagoon PARK LANE CHILCO ST LAGOON DR GILFORD ST DENMAN ST DENMAN BEACHFRONT BAYSHORE DR SUBJECT PROPERTY BIDWELL ST BIDWELL ST NICOLA ST CARDERO ST CARDERO ST W PENDER ST W GEORGIA ST ROBSON RETAIL HUB Coal Harbour MELVILLE ST CENTRAL BUSINESS DISTRICT W CORDOVA ST OGDEN AVE PENDRELL ST NICOLA ST BARCLAY ST BARCLAY ST BROUGHTON ST BEACH AVE BURRARD BRIDGE NELSON ST COMOX ST BURNABY ST PACIFIC ST HARWOOD ST DAVIE ST BUTE ST THURLOW ST JERVIS ST HARO ST ALBERNI ST ROBSON ST ROBSON ST NELSON ST SMITHE ST BURRARD ST BURRARD ST HELMCKEN ST HORNBY ST HORNBY ST HOWE ST HOWE ST SEYMOUR ST SEYMOUR ST GRANVILLE ST W PENDER ST W GEORGIA ST W HASTINGS ST DUNSMUIR ST DRAKE ST RICHARDS ST HOMER ST HAMILTON ST HAMILTON ST MAINLAND ST CAMBIE ST BEATTY ST EXPO BLVD BC Place PACIFIC BLVD WATER ST ABBOTT ST CARRALL ST EXPO BLV ARBUTUS ST CORNWALL AVE YORK AVE MAPLE ST W 4TH AVE W 5TH AVE W 6TH AVE W 1ST AVE W 2ND AVE W 3RD AVE CYPRESS ST CHESTNUT ST BURRARD ST PINE ST FIR ST NVILLE ST DURANLEAU ST GRANVILLE BRIDGE JOHNSTON ST CARTWRIGHT ST W 6TH AVE PACIFIC BLVD False Creek MARINASIDE CR W BROADWAY W BROADWAY W BROADWAY ST LOCK ST CAMBIE ST CAMBIE BRIDGE COLUMBIA ST W 1ST AVE W 2ND AVE MANITOBA ST ONTARIO ST W 6TH AVE W 7TH AVE W BROADW

6 THE BUILDING 977 Broughton is a three-storey rental building with a basement and penthouse. For the last 25 years, this property has historically been known as Nelson House Bed & Breakfast. In 2016 a new website was designed and created, intended to generate increased bookings and bring tourism to the area. Currently the property is run as a short-term rental property with nine housing units. Four units are self-contained with their own bathrooms and the other five units share two bathrooms. In the lobby is a living room, dining room, and kitchen for tenants to enjoy and socialize, making for a community-living lifestyle. Recent updates include new furniture in some suites, new carpets, paint, and hardwired internet services. THE FINANCIALS Unit Annualized Income 1. Bombay $1, Vienna $1, Hollywood $1, Cabin $1, Sailor $1, Shangri-la $1, Simple $1, Basement 1 $1, Basement 2 $800 Total Monthly $11,000 Total Yearly $132,000 Vacancy (2%) $2,640 Total Revenue $129,360 Expenses Internet (Shaw) 1 $2,460 Gas (Fortis) $2,400 Hydro $3,700 Repairs & Maintenance 2 $5,400 Insurance $4,717 Property Tax $7,884 Water & Sewer $1,403 Total Expenses $27,964 Net Operating Income $101,396 Cap Rate 2.61% 1 Can be cancelled anytime 2 Stabilized at $600/room per year

7 The Details Capitalization Rate: 2.59% Lot Size: 2,882 sf Year Built: 1905 Suite Mix: Shared Bathroom 5 Private Bathroom 3 Penthouse with Kitchen & Bathroom 1 Total 9 Zoning: RM-5 Property Taxes (2016): $7,844 (2016) Financing: Treat as clear title Share Sale: Sale Type: Possibility of purchasing company shares to save property purchase tax Asking Price: $3,888,000

8 Terry Harding Senior Vice President NAI Commercial (BC) Ltd. All Rights Reserved. Jackson Tang Brandon Harding* 國語, 廣東話, 福建話查詢 *Personal Real Estate Corporation Vice President Representative W Georgia St, Suite 1300 Vancouver, BC V6E 3C9 This document contains information available to the public and NAI Commercial accepts no responsibility if this should prove not to be the case. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein. The same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawals without notice.