37953 WESTWAY AVENUE, Squamish, British Columbia V0N3G0 Canada

  • PRICE$1,868,000
  • SQ. FEET4014
  • PROPERTY TYPEMulti-family

Great investment opportunity! Located minutes to Hwy 99 direct access to Vancouver & Whistler. A great revenue four-plex located on a huge corner double-sized lot in Valleycliffe w/4 newly renovated suites each w/2 beds + den.Each unit is fully tenanted. All suites are equipped w/their own hot water tanks, gas forced air furnaces, laundry room including in-suite laundry & full kitchens. The property is updated with newer windows, siding, painted & roof. Each suite has a private yard space w/huge views of the Chief & a short walk to hospital. Also includes communal gardens & additional green space. Zoned RM-2 (.8 fsr). Very good income+ Future Opportunity. No Foreign Buyers Tax! 4 Units identical. Stabilized projected would be similar to high unit rents. Rents $1900/$1900(new)/$1546/$1173 (2.6% notice given for Dec 1) all same square foot units w/ similar interior finishings. 79,067.76 in Annual income as of Dec 1st/20. Approximately 3.5% cap rate with upside w/low expenses. Easy to manage & maintain. (id:9345)...
Tranaction Type: For sale
Lease Per Unit: square feet
Zoning Description: RM2
Constructed Date: 1964
Size Total: 14400 sqft

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