Fantastic investment/revenue opportunity in Ladysmith! 5-plex OCEAN VIEW apartment building. This is a legal four-plex with one bachelor suite. All four bdrm suites enjoy great ocean views. Property boasts eight to nine parking spots on a large 11,040 sqft lot. Current zoning allows for a legal six-plex. numerous upgrades and improvements made and best of all...Major upside in rents possible. Storage lockers for each suite, new carpet in the hallways, irrigation system and much more. Full income/expense statement plus floor plans on agent supplements. Serious buyers only, must be pre-qualified prior to any showings or release of any documents. 2025 income projection: $54,600
Address
210 Bayview Ave
List Price
$1,575,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Duncan
Sub-Area
Du Ladysmith
Lot Size
11040 Sq. Ft.
Lot Size (Acres)
0.25 Ac.
MLS® Number
999721
Listing Brokerage
Macdonald Realty Victoria
Postal Code
V9G 1S8
Tax Amount
$9,202.95
Tax Year
2024