Gena Smith Belanger

1 604-892-4012
Gena Smith Belanger
Cell:1 604-892-4012
Office:1 604-898-1010

Why Sign Up?

  • Save your Listing Searches
  • Email Alerts on new Listings
  • See new listings sooner
  • Tag your Favourites for later

Already A Member?

Public Search

Not logged in

37953 WESTWAY Avenue in Squamish: Valleycliffe Multi-Family Commercial for sale : MLS®# C8026965

37953 WESTWAY Avenue Squamish V0N 3G0 : Valleycliffe

Main Photo: 37953 WESTWAY Avenue in Squamish: Valleycliffe Multi-Family Commercial for sale : MLS®# C8026965
$1,888,800
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8026965
Status:
Active
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Great investment opportunity! Located minutes to Hwy 99 direct access to Vancouver & Whistler. A great revenue four-plex located on a huge corner double-sized lot in Valleycliffe w/4 newly renovated suites each w/2 beds + den. Each unit is fully tenanted. All suites are equipped w/their own hot water tanks, gas forced air furnaces, laundry room including in-suite laundry & full kitchens. The property is updated with newer windows, siding, painted & roof. Each suite has a private yard space w/huge views of the Chief & a short walk to hospital. Also includes communal gardens & additional green space. The zoning RM-2 (.8 fsr) allows for almost triple the square footage & could potentially accommodate 4+additional units. A once in a life time opportunity. Very good income+Opportunity for redevelopment down the road. No Foreign Buyers Tax! 4 Units identical. 1794$/1768$/1546$/1173$. The 2 last rents incl 2.5% forecasted Sept/19 increase. Stabilized projected would be similar to high unit rents.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
# Units:
4
# Storeys:
2.0
Year built:
1964 (Age: 55)
Total Floor Area:
Switch units of measure4,014 sq. ft.
Land Use/Zoning:
RM2
Taxes:
$5,993.87 / 2019
HVAC:
Forced Air, Separate Water Heaters
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
Listed by RE/MAX Masters Realty
Data was last updated November 21, 2019 at 02:10 AM (UTC)
GENA SMITH BELANGER
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.