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633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum) : MLS®# 978550

633 Beach Rd Qualicum Beach V9K 1H1 : PQ Qualicum Beach

Main Photo: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 978550
$6,495,000
Prop. Type:
Commercial Sale
MLS® Num:
978550
Status:
Active
Year Built:
2021
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: 3)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PQ Qualicum Beach, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure0.56 acre(s)
Taxes:
Construction:
Cement Fibre, Insulation All, Wood
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
1
Ceiling Heights:
Switch units of measure
Floor finish:
Tile, Vinyl
Total Building Area:
Switch units of measure10,852 sq. ft.
Commercial Area:
Subdivisable Area:
Yes
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Electric, Parking, Real Estate
Balcony/Patio, Fenced, Low Maintenance Yard
Ocean
From First Ave Turn left onto Beach Road
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of Qualicum Beach
Legal Description:
Zoning:
R18
Units in Building:
Units in Community:
Utilities:
Electricity Connected, Phone Available, Underground Utilities
Lot Site Features:
Central Location, Cul-De-Sac
Parking Features:
On Site
Business Name:
Beach Corner Concepts Inc
Total Units:
Date Listed:
Oct 23, 2024
Original Price:
6495000.0
Listed by Royal LePage Coast Capital - Chatterton and DFH Real Estate - Sidney
Data was last updated November 21, 2024 at 08:05 AM (UTC)
John Bruce
David Thickens

John Bruce

DFH Real Estate Ltd.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.