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Multi-family for sale

1111 Marine Dr, Port Alice

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$950,000
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Multi-family for sale in Port Alice, 1111 Marine Dr, 1037747 | Realtylink.org
Multi-family for sale in Port Alice, 1111 Marine Dr, 1037747 | Realtylink.org Multi-family for sale in Port Alice, 1111 Marine Dr, 1037747 | Realtylink.org Multi-family for sale in Port Alice, 1111 Marine Dr, 1037747 | Realtylink.org Multi-family for sale in Port Alice, 1111 Marine Dr, 1037747 | Realtylink.org
/en/multi-family~for-sale~port-alice/1037747
consumersite-GeographicArea3.portalice

Features

Lifestyle
1037747 950000 /en/multi-family~for-sale~port-alice/1037747/photos 50.4252700000 -127.4854900000 true
Year Built
1964
Floor Area
7,276 sqft
Lot Size
18,295 sqft
Gross Property Tax
$5,103.66 /year
Zoning
R2
Amenities
Laundry Room, Parking, See Remarks
View
Mountain(s), Ocean
Additional Features
Central Location, Easy Access, Marina Nearby, See Remarks
Total no. of Units
7

Personal note

1 January 0001

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Personal note

1 January 0001

Description

Fully rented and versatile multiple family building in the Village Of Port Alice on the West Coast of Vancouver Island. The building is currently occupied by quality commercial / professional tenants. The building has 7 two bedroom 1 bathroom units plus a large laundry / storage area that could be converted into an 8th unit if desired. All units are fully furnished in the last few years and each unit is individually metered - potential to stratify. The building is conveniently located across the road from the ocean. The park land immediately across the road currently has a kayak dock / facility being developed to service growing tourism needs in the area. Next to this site is a private yacht club as well as a municipal marina and boat launch and mini mall with grocery store and liquor store. With the location across from the marina facilities the current owners original plans when purchasing the building were to cater to the fisherman / tourists, offering eco tours. Port Alice is one of the most scenic communities on the West Coast of Vancouver Island with full service & paved roads. The community was recently named, "The Sea Otter Capital of Canada" another strong driver of tourism to the Village. Although the units are currently rented some of the existing work projects will wind down, but further demand to carry on servicing professionals seeking furnished units. The owner regularly turns away bookings. However, a bigger growth area and focus by the Village is attracting tourists where you could cater to short term stays as more and more people visit the area for eco tourism (the local manager is excellent and interested to stay on) or perhaps some form of fishing club with fractional ownership. Available as a share sale. Contact agent for more details.

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

Available Visit Options

Request a personalised showing with the listing REALTOR®, or add an open house event to your calendar to explore this property!

Showing with the Listing REALTOR®

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Location

Walk Score 25
In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

Available Visit Options

Request a personalised showing with the listing REALTOR®, or add an open house event to your calendar to explore this property!

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

Personal note

1 January 0001

Calculators

Mortgage payments Property transfer tax Borrowing capacity

Mortgage payments

$

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$950,000
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Payment amount $0.00

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Property transfer tax

$

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1% of $200,000 $0.00
2% of remaining value up to and including $2,000,000 $0.00
3% of remaining portion over $2,000,000 $0.00
Estimated Property Transfer Tax $0.00

Borrowing capacity

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Mortgage amount $0.00
  • 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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