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$5,390,000
Est. payment /mo
3 Beds
2 Baths
7,200 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Strata
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $748
MLS® Listing ID R2934661
Bedrooms 3
Half Baths 1
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
Garage No
Community Features Pets Allowed With Restrictions
Waterfront No
View Y/N Yes
View View
Total Parking Spaces 6
Private Pool No
Others
Ownership Strata