Gena Smith Belanger

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

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1018 MCNAMEE Place in Squamish: Dentville Multi-Family Commercial for sale : MLS®# C8034460

1018 MCNAMEE Place Squamish V8B 0J4 : Dentville

Main Photo: 1018 MCNAMEE Place in Squamish: Dentville Multi-Family Commercial for sale : MLS®# C8034460
$4,195,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8034460
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Great opportunity to purchase an investment property in a central location of the fast growing city of Squamish. The subject property is improved with 9 townhouse units, all three bedroom at approximately 1,200 sf each. This is a great income generating investment property with future re-development potential. The property is located within the Wilson Crescent Micro Plan Policy and is currently zoned Residential Multiple Unit (RM-2) with floor space ratio up to 0.8. The plan indicates that for new development, the density is often increased by 25% to a total of 1.0 FSR. Opportunity to be combined with the neighbouring property, 1006 McNamee Place, for a greater development potential. The vendor will provide financing in form of a first mortgage up to 50% of the purchase price for a term of 3 years! Please call for details!
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
9
# Storeys:
2.0
Year built:
1976 (Age: 44)
Land Use/Zoning:
RM-2
Taxes:
$12,853.38 / 2020
HVAC:
Baseboard, Electric
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 Royal LePage Sussex
Data was last updated December 5, 2020 at 11:05 AM (UTC)
GENA SMITH BELANGER
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