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Houses have been well maintained over the years and all have great in Brentwood Bay, British Columbia

# Bath
2
Sq Ft
1181
# Bed
2
Prime Location, Excellent Investment opportunity in Western Communities. THREE houses and a separate shop on flat, easy access, 23,000+ sqft lot. Property is currently zoned R2 (allows two houses), third house on property is existing, but non-confirming. Houses have been well maintained over the years and all have great, long term tenants that would love to stay. Current cap rate is 5.17% but potential cap rate at today's market rents is approx 11.5% - Wow! AND...OCP favors higher density redevelopment (all info around future development potential to be confirmed with Langford to Buyer).
Posted by Daniel Stapleton Sutton West Coast Realty.

$650,000
Seller:
Type: Houses for sale
Province: British Columbia 
City: Brentwood Bay 
Category: Houses for sale
Houses for sale in British Columbia
This ad is older than 2 months.
View similar ads: Houses for sale, Houses for sale in British Columbia