Investment opportunity awaits with this exclusive enclave of 12 modern duplex units, all fully leased and generating strong rental income with minimal operating costs. Featuring an assumable mortgage of $3.65M at a favourable 2.8% interest rate, this property includes four spacious 2-bedroom, 2-bathroom plus den homes, six elegant 2-bedroom, 1-bathroom residences, and two charming 1-bedroom, 1-bathroom units, all designed with contemporary finishes, open-concept layouts, and abundant natural light. Built in 2021 and located just blocks from the beach, golf courses, and downtown Qualicum Beach, this property offers both convenience and a coastal lifestyle. Don’t miss this rare opportunity to own a high-yield investment in the heart of beautiful Qualicum Beach, BC!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Year built:
2021
(Age: 4)
Lease Type:
Sale of Assets
Listing General Location:
PQ Qualicum Beach, Parksville/Qualicum
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
0.56 acre(s)0.23 hectare(s)
Taxes:
$43,612 /
2024
Construction:
Cement Fibre, Insulation All, Wood
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
1
Floor finish:
Tile, Vinyl
Total Building Area:
10,852 sq. ft.1,008 m2
Commercial Area:
Downtown
Subdivisable Area:
Yes
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Electric, Parking, Real Estate
Balcony/Patio, Fenced, Low Maintenance Yard
Ocean
From First Ave Turn left onto Beach Road
Main Level
Assessed:
6640000.0
Assessment year:
2024
Jurisdiction name:
Town of Qualicum Beach
Legal Description:
STRATA LOT 1, PLAN EPS7749, DISTRICT LOT 57, NEWCASTLE LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V
Listed by Royal LePage Coast Capital - Chatterton and DFH Real Estate - Sidney
Data was last updated January 18, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$750,000
Min list price:
$55,000
Max list price:
$6,495,000
Avg days on market:
108
Min days on market:
4
Max days on market:
441
These statistics are generated based on the current listing's property type
and located in
Parksville/Qualicum. Average values are
derived using median calculations.