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
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