Open the door! Opportunity is knocking! This property offers an exciting combination of income potential,flexibility and lifestyle. With both levels occupied,estimated annual rental income is approximately $39,000,with operating costs of approximately $9,000,leaving roughly $30,000/year in cash flow before financing-5.22% net ROI. A compelling opportunity for those looking to have their home help pay for itself. Welcome to a beautifully maintained mountain view home just 15 minutes north of Qualicum Beach. The bright main home features 2 bedrooms and 2 bathrooms,while the fully self-contained lower suite offers 2 bedrooms and 1 bathroom-ideal for family,guests,or rental income. The current tenant contributes $1,300/month,has a strong rental history,would love to stay,and provides consistent,on-time payments. Warm and inviting finishes include maple hardwood,Brazilian cherry flooring and beautiful Corian countertops. A heat pump and propane fireplace provide year-round comfort,while the sun-filled 20x20 deck and connected propane BBQ make outdoor living effortless. Whether you choose to live here entirely for yourself,accommodate family and guests,or maximize the income potential,this property offers flexibility rarely found. Surrounded by nature,walking trails,golf and beautiful Vancouver Island beaches,this is more than an investment-it's an invitation to a simpler,richer coastal lifestyle. Open the door and imagine what could be yours! (id:13843)
| MLS # | 1043379 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Strata Fees | $230 |
| Status | Active |
| Year | 2006 |
| Days On Site | 89 |
| Listing Provided By | eXp Realty (NA) | Deborah Nicol |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,200 |
| Garage | 4 |
| Car Port | Yes |
| Zoning | Residential |
| Acreage | 0.25 |
| Property View | Mountain view |
| Cooling | Wall unit, Air Conditioned |
|---|---|
| Heating | Heat Pump, Baseboard heaters, Electric |
| Appliances | Washer, Refrigerator, Range - Gas, Range - Electric, Dishwasher, Dryer, Microwave |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Lot Features | Southern exposure, Wooded area, Corner Site, Irregular lot size, Other, Gated community |
|---|
| Parking Features | Attached Garage, Carport |
|---|---|
| Parking Total | 4 |
| Tax Annual Amount | 2284 |
|---|---|
| Tax Block | 526 |
| Tax Lot | SL104 |
| Province | BC |
|---|---|
| City | Qualicum Beach |
| Postal Code | V9K2S3 |
| Community Name | Little Qualicum River Village |
| Listing VS Median (in Little Qualicum River Village) | |
Price: $569,500 low | high Med: $799,500 sqft: 2,200 low | high Med: 2,408 $ / sqft: $259 low | high Med: $332 On site: 89 low | high Med: 179.5 | |
| Province | BC |
|---|---|
| City | Qualicum Beach |
| Postal Code | V9K2S3 |
| Community Name | Little Qualicum River Village |
| Listing VS Median (in Little Qualicum River Village) | |
Price: $569,500 low | high Med: $799,500 sqft: 2,200 low | high Med: 2,408 $ / sqft: $259 low | high Med: $332 On site: 89 low | high Med: 179.5 | |