Located on one of James Bay’s nicest character streets and only half a block away from Dallas Rd and the breakwater. This multi-unit home has been extremely well maintained and offers the homeowner many options to maximize its potential whether it be multigenerational living or an incoming producing property. This stunning property was completely re-built in 2007 to strata requirements and is a full-duplex. Two additional suites were added in 2016 to maximize the income potential however, the home could easily be transitioned back to a duplex for those looking for more room. With four units over 3 levels and off-street parking for several vehicles, plus a rear garden area, storage, and an outdoor pizza oven, this property is well set up and is a turn-key revenue property. There are two, 2 bedroom units and two 1 bedroom units that provide great returns and there is significant upside on future rents to maximize the return. The property is fully tenanted wit great tenants in place.
Listed by Pemberton Holmes - Cloverdale, sold on February, 2022
Data was last updated June 3, 2023 at 02:05 AM (UTC)
Area Statistics
Listings on market:
89
Avg list price:
$915,900
Min list price:
$219,900
Max list price:
$7,800,000
Avg days on market:
36
Min days on market:
1
Max days on market:
422
Avg price per sq.ft.:
$809.37
These statistics are generated based on the current listing's property type
and located in
Vi James Bay. Average values are
derived using median calculations.