Space
Finished area and layout
- Living Area
- 2,200 sqft
- Above Grade
- 2,200 sqft
- Finished Breakdown
- Above 2,200 sqft
- Building Area
- 2,200 sqft
- Bedrooms
- 4
- Bathrooms
- 3





Property Snapshot
MLS #1048125
Finished area and layout
Type, style and structure
This 4-bedroom, 3-bathroom single family in Qualicum Beach offers 2,200 sqft of living area on a 11,086 sqft lot. Built in 2006. The property has lot dimensions of 11086, zoned Residential. The home features heat pump, baseboard heaters, electric heating, wall unit, air conditioned, a fireplace. Highlights include a 4-car garage. Monthly condo fee of $230.
INVESTMENT OPPORTUNITY + 0% SELLER FINANCING! ROI...5.2%... Acquire an income-producing property just 15 min. north of Qualicum Beach with an attractive combination of cash-flow potential,favourable financing and flexible use. Est. annual rental income is $39K,with approx.$9K in operating costs,leaving approximately $30K in annual cash flow before financing and a net ROI of 5.2%. The property features a bright 2-bdrm/2-ba main home plus a fully self-contained 2-bdrm/1-ba suite,currently generating $1,300/mo. in rental income,with a tenant who would like to stay and a lease in place until 8/2027.The configuration provides flexibility for investors seeking long-term rental income,furnished/vacation accommodation,or an owner-occupied property with supplemental income,subject to applicable regulations. Quality features include maple hardwood,Brazilian cherry flooring,Corian counters,a heat pump,propane fireplace and a sunny 20x20 deck.Furniture on the main floor is included,making it well suited to a furnished rental strategy. Whether your priority is generating income,building equity,or creating a flexible property with multiple potential uses,this is an opportunity worth examining. Income + 0% seller financing + existing tenancy + future flexibility make this a compelling investment proposition in the Qualicum Beach area. (id:60351)
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Land, frontage and setting
Price, taxes and monthly charges
Listed by Deborah Nicol, eXp Realty (NA)
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Listed by Deborah Nicol, eXp Realty (NA) · MLS# 1048125
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