If you had bought a typical condominium in the Grandview area of East Vancouver in May and flipped it in August, you could have made $10,000. Had you done the same thing in South Cambie, the three-month return on your investment would have been $33,700.
http://www.rew.ca/news/some-vancouver-condo-flips-return-12-000-a-month-1.2070970