Seller Financing
Address
1731 Dar's Pl, Qualicum Beach, BC
Price
$ 581,000
Property Attributes
  • MLS#1048125
  • TypeCommercial
  • Listing Status Active
  • CityQualicum Beach
  • AreaParksville-Qualicum
  • NeighbourhoodPQ Little Qualicum River Village
  • Postal CodeV9K 2S3
  • Style
  • Year Built2006
  • Taxes$ 2284
  • Price$ 581,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2200
  • Lot Size0.25 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

INVESTMENT OPPORTUNITY + 0% SELLER FINANCING! ROI..5.2%. Acquire an income-producing property just 15 min. north of Qualicum Beach.Est. annual rental income of $39K,operating costs of $9K and approx.$30K annual cash flow before financing,for a net ROI of 5.2 %.Seller financing of up to $100K at 0% interest for 12 yrs. could save $50K+ in interest vs.conventional financing—making this an unusually attractive acquisition opportunity. The property offers a 2-bdrm/2-ba main home plus a self-contained 2-bdrm/1-ba suite currently generating $1,300/mo.,with a tenant with lease til 8/2027.Flexible options include long-term rental,furnished/vacation rental,or owner use with supplemental income,subject to applicable regulations.Maple hardwood,Brazilian cherry floors,Corian counters,heat pump,propane fireplace & sunny 20x20 deck add appeal.Main-floor furniture included,making it rental-ready.A compelling combination of income,flexibility & favourable financing.

General Features

Heating Baseboard,Electric,Heat Pump
Cooling Other
Zoning RC3
Assoc Fees 230.00
Business Type Accommodation
Property Subtype Other
Property Type Commercial Sale
Parking Total 2
Construction Materials Concrete,Frame Wood,Insulation All,Shingle-Other,Vinyl Siding
Association Fee Frequency Monthly
Commercial Area Not Applicable
Commercial Listing Type Building,Land

Interior Features

Flooring Carpet,Hardwood,Tile
Total Units 2
Number Of Units In Community 286
Number Of Units In Building 2

Exterior Features

Building Features Basement,Laundry Room,Parking
Exterior Features Balcony/Deck,Balcony/Patio,Fencing: Partial,Water Feature
Foundation Poured Concrete
Building Area Total 2200.00
Lot Size Square Feet 11086.00
Lot Size Acres 0.25
Parking Onsite YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9K 2S3

Price
AVG $580K
$580K
Taxes
AVG $2,284
$2,284
Year Built
AVG 2006
2006

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