Sarah Baron - PREC
Personal Real Estate Corporation
Royal Lepage Advance Realty
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 974036
- Photos (6)
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Prime Oceanview Investment Opportunity – Fully Occupied 6-Plex
Unlock the potential of this fully tenanted 6-plex on picturesque Cormorant Island, perfectly positioned right across the street from the ocean. With unobstructed, breathtaking ocean views from every unit, this income-generating property is an investor’s dream. Spanning three levels, each floor hosts two spacious 2-bedroom - 1 bathroom suites, generating $3,700 per month in rental income. All units feature storage and laundry, conveniently accessed via a shared hallway.
Whether you’re looking to hold and watch your investment grow, or redevelop for even greater returns, this prime location offers endless possibilities. Don’t miss out—contact your realtor today and explore the opportunity that awaits!
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets
- Listing General Location:
- Isl Alert Bay, Islands
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 12,197 sq. ft.1,133 m2
- Taxes:
- $3,341.15 / 2024
- Total Building Area:
- 4,884 sq. ft.454 m2
- Commercial Area:
- Other
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 370000.0
- Assessment year:
- 2024
- Jurisdiction name:
- Village of Alert Bay
- Legal Description:
- LOT 1, PLAN VIP3775, SECTION 69, RUPERT LAND DISTRICT, EXCEPT PLAN 8413, CORMORANT ISLAND EXC PCL A 155053I & EXC PL 16301 17504 27202 31223 & 37693
- Units in Building:
- 6
- Occupancy:
- Tenant
- Parking Features:
- On Site
- Total Units:
- 6
- Date Listed:
- Aug 23, 2024
- Original Price:
- 399900.0
Larger map options:
Listed by Royal LePage Advance Realty (PH)
Data was last updated March 11, 2025 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 18
- Avg list price:
- $949,900
- Min list price:
- $179,900
- Max list price:
- $9,800,000
- Avg days on market:
- 214
- Min days on market:
- 18
- Max days on market:
- 742
These statistics are generated based on the current listing's property type
and located in
Islands. Average values are
derived using median calculations.
- Sarah Baron - PREC
- Royal Lepage Advance Realty
- 250-949-7231
- Contact by Email
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.