Other Property for sale

1-6 715 Corlett Road, Gibsons & Area, Gibsons

$5,390,000 or
$5,390,000 or

Other Property for sale

1-6 715 Corlett Road, Gibsons & Area, Gibsons

Features

Lifestyle
7 rooms
3 bedrooms
1 bathroom and 1 half-bath
262956288 5390000 /en/other-plex~for-sale~gibsons-area-gibsons/262956288?view=Summary /en/other-plex~for-sale~gibsons-area-gibsons/262956288/photos 49.4053900000 -123.5093100000 true
Style
2 Storey
Year Built
1972
Floor Area
7,200 sqft
Lot Size
41,595 sqft
Lot Frontage
131 ft
Parking Spaces
6
View
Ocean View
Bylaws Restriction
Pets Allowed W/Rest., Rentals Allowed
Property Taxes
$16,241 (2023)
72

Description

Opportunity to acquire a fully tenanted, income-generating property with an approved development permit for the southern portion. The northern portion consists of six updated, 3-bedroom, 2-bathroom, two-level townhomes, some with ocean views. Enjoy steady rental income while developing the southern portion, which has approval for a 33-unit, three-story residential building over a concrete parking garage, with many units offering ocean views. The Township is currently reviewing and amending its Official Community Plan. There is potential for rezoning the northern portion to allow for increased density and redevelopment opportunities.
MLS® Number R2934661

Listing REALTORS®

Joanna Moradian, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Joanna Moradian

REALTOR®, Personal Real Estate Corporation

Macdonald Realty

Macdonald Realty,
Chris Moradian, REALTOR<sup>®</sup>

Chris Moradian

REALTOR®

Macdonald 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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