Description

DEVELOPER & INVESTOR ALERT, great FREESTANDING income generating property for sale.This 3 Storey multi-family building located in vibrant Queens Park near uptown New West. Well cared for solid building with extra large suites. New roof, new boiler. Suite mix includes one-2 bed, Four-1 beds and one- studio ALL SELF-CONTAINED & all with leases waiting to be renewed. Zoned C-2. Cap rate is based on 5 rental + 1 owner occupied suite who is willing to stay and rent back, 5 parkings at the back , well maintained for a cozy and quiet living atmosphere, hardwood floor. Positive cash flow keeps sustainable to meet strong rental demand. Central location, steps to Downtown New West, close to all your daily needs, such as transits, parks, schools, shopping and Douglas College, you name it Do not walk through property, do not bother occupants! Call now to inquire!