Fourplex for sale

794 Canyon Crescent Rd, Qualicum Beach

$1,150,000 or
$1,150,000 or

Fourplex for sale

794 Canyon Crescent Rd, Qualicum Beach

Features

Lifestyle
6 bedrooms
4 bathrooms
940311 1150000 /en/fourplex~for-sale~qualicum-beach/940311?view=Summary /en/fourplex~for-sale~qualicum-beach/940311/photos 49.3538500000 -124.4724700000 true
Style
Other
Year Built
1977
Floor Area
3,506 sqft
Lot Size
19,000 sqft
Gross Property Tax
$5,916.71 /year
Zoning
R2
Amenities
Balcony/Deck, Balcony/Patio, Fencing: Partial, F/S/W/D
Additional Features
Quiet Area, Recreation Nearby, Rural Setting, Shopping Nearby
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Description

Qualicum Beach is a true coastal paradise, known for its stunning natural beauty, mild climate, and a seaside ambiance with a small town charm. It's not just a place to invest; it's a place to live, work, and thrive. Situated on a 19,000 square foot duplex zoned lot, this property allows residents to enjoy the best of both worlds - the tranquility of living amidst mature trees, some of the most pristine beaches on the island and the convenience of being minutes away from all that Qualicum Beach has to offer. With a robust tourism industry and a steady influx of visitors, Qualicum presents a lucrative opportunity for investors seeking rental properties. The town's growing population contributes to the demand for housing, making rental units highly sought after. Owning a 4 Plex like this one is a rare find in the area with multiple streams of rental income, offering greater stability and potential for a higher return on your investment. The current owner's dedication to maintaining the building speaks volumes about its potential as a valuable asset. With reliable, long term tenants in place you can create immediate cash flow and a sound investment to add to your portfolio. Whether you're an astute investor looking for a profitable opportunity or someone seeking a place to call home in one of British Columbia's most charming communities, this value packed property is a rare gem that offers both. All measurements are approximate.
MLS® Number 940311

Listing REALTOR®

Dawn Walton, REALTOR<sup>®</sup>

Dawn Walton

REALTOR®

eXp Realty

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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