1731 Dar's Pl, Qualicum Beach, BC V9K 2S3

$591,000

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Courtesy of eXp Realty (NA)

List Price
$591,000
Status
ACTIVE
MLS®
1048125
Property Type
Commercial
Year Built
2006
Stories
2
Acres
0.25
Lot Size
11,086
District
Qualicum Beach
Neighbourhood
Pq Little Qualicum River Village

Property Description

INVESTMENT OPPORTUNITY + 0% SELLER FINANCING! Acquire an income-producing property just 15 min. north of Qualicum Beach.Est. annual rental income of $39K,operating costs of $9K and approx.$30K annual cash flow before financing,for a net ROI of approx.5%.Seller financing of up to $100K at 0% interest for 12 yrs. could save $50K+ in interest vs.conventional financing—making this an unusually attractive acquisition opportunity. The property offers a 2-bdrm/2-ba main home plus a self-contained 2-bdrm/1-ba suite currently generating $1,300/mo.,with a tenant with lease til 8/2027.Flexible options include long-term rental,furnished/vacation rental,or owner use with supplemental income,subject to applicable regulations.Maple hardwood,Brazilian cherry floors,Corian counters,heat pump,propane fireplace & sunny 20x20 deck add appeal.Main-floor furniture included,making it rental-ready.A compelling combination of income,flexibility & favourable financing.

Additional Information

Strata Fee
$230
Heating
Baseboard, Electric, Heat Pump
Flooring
Carpet, Hardwood, Tile
Parking Spaces
2
Exterior Features
Balcony/Deck, Balcony/Patio, Fencing: Partial, Water Feature
Parking Type
On Site
Taxes
$2,284
Days on Market
5

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Calculator source: Real Geeks

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