For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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Marriott Pinnacle Hotel - A 4.5 star hotel located in the heart of Coal Harbour among the most valued & prestigious real-estate in Canada. North West views, this unit is a wheelchair accessible and has a terrace. Owners enjoy the benefit of 30 free nights anytime in the year & get a 15% discount in the ShowCase restaurant, along with 10% off on their room service meals. Own investment property in BC for occasional use without incurring the Vacancy Tax. Enjoy free access to the business centre, fitness centre, & spa anytime as an added benefit of using your Owner's Card. This is not a private residence; this is a hotel strata ownership. Rental pool is managed by Pinnacle International. High Occupancy Rate. AIR-BNB is banned downtown, which will further increase rental in hotels stays.
Taxes (2023): $2,634.16
Amenities
Air Cond. Central Exercise Centre Pool; Indoor Restaurant Swirlpool Hot Tub Concierge
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.