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Pender Harbour Development - The Painted Boat
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12-30-2013, 06:30 PM,
(This post was last modified: 12-31-2013, 07:27 AM by jvanderz.)
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RE: Pender Harbour Development - The Painted Boat
Thanks for all the detailed posts Skook - clearly a labour of love for you. I've been looking at buying vacation property up around Pender Harbour, so have read your posts with interest.
With regards to Painted Boat - when I originally saw a strata fee of $400/month in the MLS listing I assumed that was based on full ownership, but no - that's per 1/4! The listing realtor provided me with the 2011 and 2012 financials for the $100k unit - all I can say is ouch (see attached). Even if you put it in the rental pool 100% of the time, it won't cover it's operating costs - and that's not even factoring in a mortgage. Even if it was offered to me for free, I'd have to give it some thought. Long story short, great place to stay as a guest, really bad investment. |
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Messages In This Thread |
Pender Harbour Development - The Painted Boat - by Skook - 12-16-2013, 09:26 AM
RE: Pender Harbour Development - The Painted Boat - by Skook - 12-25-2013, 08:40 PM
RE: Pender Harbour Development - The Painted Boat - by jvanderz - 12-30-2013, 06:30 PM
RE: Pender Harbour Development - The Painted Boat - by Skook - 12-31-2013, 12:42 PM
RE: Pender Harbour Development - The Painted Boat - by jvanderz - 01-02-2014, 09:45 PM
RE: Pender Harbour Development - The Painted Boat - by Skook - 04-23-2015, 12:33 PM
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