Menu
  • 15474 Victoria Avenue, White Rock, BC
  • 15474 Victoria Avenue, White Rock, BC
  • 15474 Victoria Avenue, White Rock, BC
  • 15474 Victoria Avenue, White Rock, BC
  • 15474 Victoria Avenue, White Rock, BC

4,211 ft²
Multifamily
$3,100,000
Sale


RARE INVESTMENT OPPORTUNITY!! OCEAN VIEW 7-PLEX! Welcome to a very unique, cash flow property situated in a prime White Rock location with 5% CAP RATE! Sitting on a 4,500 sq ft (45' x 100') hillside CORNER lot with panoramic ocean views. This property features 7 updated residential units and a bonus 8th unit rented out as storage space. 3 levels having 4,211 of interior living space. The main level is approx. 2,030 sqft containing four suites, two of which are south facing. The bottom level is approx. 1,440 sqft containing two south facing walk out suites. On the top level, the south facing penthouse is approx. 741 sqft featuring a massive 700+ sqft private rooftop over looking Semiahmoo Bay. The exterior has been updated with new roof, paint, deck, railings, hardy plank, kitchen, appliances, lighting and flooring. The property is legal non conforming.


The Space
Asking Price$3,100,000
Available Space4,211 ft²
Net Operating Income$155000
Property UseInvestment property / Multi family
SourceDirect

The Building

RARE INVESTMENT OPPORTUNITY!! OCEAN VIEW 7-PLEX! Welcome to a very unique, cash flow property situated in a prime White Rock location with 5% CAP RATE! Sitting on a 4,500 sq ft (45' x 100') hillside CORNER lot with panoramic ocean views. This property features 7 updated residential units and a bonus 8th unit rented out as storage space. 3 levels having 4,211 of interior living space. The main level is approx. 2,030 sqft containing four suites, two of which are south facing. The bottom level is approx. 1,440 sqft containing two south facing walk out suites. On the top level, the south facing penthouse is approx. 741 sqft featuring a massive 700+ sqft private rooftop over looking Semiahmoo Bay. The exterior has been updated with new roof, paint, deck, railings, hardy plank, kitchen, appliances, lighting and flooring. The property is legal non conforming.

Property TypeMultifamily
Floors3
Building Size4,211 ft²
Lot Size4,500 ft²
MLS® IDC8064399
Advertisement
Up to $500K for British Columbia businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.