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$5,390,000
Est. payment /mo
7,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $748
MLS® Listing ID C8063641
Originating Board Greater Vancouver REALTORS®
Year Built 1972
Lot Size 0.955 Acres
Acres 41595.0
Property Description
Opportunity to acquire a fully tenanted, income-generating property with an approved development permit for the southern portion. The northern portion consists of six updated, 3-bedroom, 2-bathroom, two-level townhomes, some with ocean views. Enjoy steady rental income while developing the southern portion, which has approval for a 33-unit, three-story residential building over a concrete parking garage, with many units offering ocean views. The Township is currently reviewing and amending its Official Community Plan. There is potential for rezoning the northern portion to allow for increased density and redevelopment opportunities. (id:24570)
Location
Province BC
Exterior
Parking Features No
View Y/N No
Private Pool No
Read Less Info
Listed by Macdonald Realty
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