7110 Linden Ave Burnaby BC. Asking: $4,800,000. For Sale 30 Unit Apartment Building in Burnaby, BC. For more information: Terry Harding.

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1 For Sale 7110 Linden Ave Burnaby BC Asking: $4,800,000 Well-maintained apartment building situated in quiet neighbourhood. Only steps away from Edmonds Park Close to Save On Food, restaurants, Burnaby public library, shopping district Easy access to public transportation For more information: Terry Harding Jackson Tang Brandon Harding NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMA- TION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO Ag/7110 Linden Ave.indd/Feb 26, 2014/TH 535 Thurlow Street, Suite 100 Vancouver BC naiapartments.ca

2 For Sale Address Legal Description Location Lot Size 7110 Linden Ave, Burnaby, BC PL NWP3036 LT 28 BLK 1 DL 30 Lot 27, Block 1, Plan NWP3036 PID: This well maintained 2 stories building located in a quiet neighborhood well located for all shopping necessities. Situated on 26,290 sqft of land, 30 units with a combination of 18 one bedroom units, 11 two bedroom units and 1 three bedroom penthouse unit. Building has balconies. 3 large storage rooms. Walking distance to Save On Food, Burnaby Public Library and Edmonds Park. 166 ft x 158 ft = 26,228 square feet Zoning RM 3 Suite Mix Property Taxes (2013) Improvements One Bedroom 18 Two Bedroom 11 Three Bedroom Penthouse 1 Total 30 $17,601 Parking shelter frame rebuilt Roof around and top rebuilt New double glazed window New intercom All new laminate flooring Financing Northshore Credit $2,500,000 Sept 1, %. Can be paid off with penalty.

3 For Sale Parking 30 stalls with 18 covered, 10 open, and 2 converted to storage area Assessment (2014) Financial Analysis Land $2,891,000 Building $1,156,000 Total $4,047,000 Current Stabilized Gross Income $296,528 $321,386 Expenses $100,334 $ 99,887 Net Income $196,194 $221,399 Price Per Suite $160,000 $160,000 Cap Rate 4.1% 4.6% Price $4,800,000 Subject

4 Income & Expenses 7110 Linden Ave Burnaby, BC Current Stabilized Income Rental $ 294,192 $ 319,740 Parking $ 1,740 $ 1,740 Laundry $ 6,480 $ 6,300 Gross Income $ 302,412 $ 327,780 Vacancy 2% ($ 5,884) ($ 6,394) Total Income $ 296,528 $ 321,386 Expenses Caretaker $ 13,775 $ 13,775 R & M $ 19,765 $ 21,000 Licence $ 950 $ 950 Property Tax (2013) $ 17,601 $ 17,601 Garbage $ 4,682 $ 3,100 Utilities $ 38,078 $ 38,078 Insurance $ 5,483 $ 5,483 Total Expenses $ 100,334 $ 99,987 Net Income $ 196,194 $ 221,399

5 RENT ROLL 7110 Linden Ave Burnaby, BC Current Potential Suite # Suite Mix Rent Parking Rent & Parking Rent & Parking 101 One Bedroom $750 $750 $800 *102CH Two Bedroom $800 $800 $925 *103CH Two Bedroom $850 $850 $ Two Bedroom $860 $900 $ One Bedroom $750 $20 $770 $800 *106 Two Bedroom $850 $850 $ One Bedroom $700 $700 $ Two Bedroom $900 $900 $ One Bedroom $750 $750 $ One Bedroom $770 $770 $ Two Bedroom $850 $850 $ One Bedroom $750 $10 $760 $ One Bedroom $726 $726 $800 *114 Two Bedroom $870 $20 $890 $ One Bedroom $720 $720 $ One Bedroom $770 $10 $780 $ One Bedroom $770 $770 $ Two Bedroom $950 $950 $1, One Bedroom $740 $20 $760 $820 *206 One Bedroom $850 $850 $ Two Bedroom $750 $750 $ One Bedroom $770 $770 $ One Bedroom $700 $15 $715 $ One Bedroom $770 $785 $ One Bedroom $750 $750 $ One Bedroom $750 $750 $ Two Bedroom $900 $20 $920 $1, One Bedroom $750 $750 $820 *216 Two Bedroom $850 $30 $880 $ Three Bedroom $1,350 $1,350 $1,500 * One Bedroom converted to Two Bedroom Rent has not been increased for three years $24,316 $145 $24,516 $26,645

6 For Sale OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPE