37953 WESTWAY AVENUE Squamish, BC V0N 3G0

265686995 49.697002 -123.13809 734 /listing/265686995-150112753/37953-westway-avenue-squamish-bc-v0n-3g0 False 0 1868000.0 4014 101 C8031331 True
$1,868,000

Property & Neighborhood Info

Courtesy Of RE/MAX Masters Realty

Commercial in Squamish

Great investment opportunity! Located minutes to Hwy 99 direct access to Vancouver & Whistler. A great revenue four-plex located on a huge corner double-sized lot in Valleycliffe w/4 newly renovated suites each w/2 beds + den.Each unit is fully tenanted. All suites are equipped w/their own hot water tanks, gas forced air furnaces, laundry room including in-suite laundry & full kitchens. The property is updated with newer windows, siding, painted & roof. Each suite has a private yard space w/huge views of the Chief & a short walk to hospital. Also includes communal gardens & additional green space. Zoned RM-2 (.8 fsr). Very good income+ Future Opportunity. No Foreign Buyers Tax! 4 Units identical. Stabilized projected would be similar to high unit rents. Rents $1900/$1900(new)/$1546/$1173 (2.6% notice given for Dec 1) all same square foot units w/ similar interior finishings. 79,067.76 in Annual income as of Dec 1st/20. Approximately 3.5% cap rate with upside w/low expenses. Easy to manage & maintain.

Courtesy Of RE/MAX Masters Realty
  1. 4,014 Sq. Ft.

Main Features

  • Listing Status: Active
  • Units: 4
  • MLS® Number:C8031331

Additional Features

  • Style:
    • Multi-Family Commercial
  • Floor Area Fin - Main Flr:
    • 0.13
  • Short Region Code:
    • Vancouver
Neighborhood info courtesy of Homes.com © 2020
Liane Van Raalte
Liane Van Raalte
Associate
(604) 849-0665
1453 Bellevue Ave West Vancouver BC V7T 1C3
request more info.
49.697002 -123.13809

37953 WESTWAY AVENUE Squamish, BC V0N 3G0

265686995 49.697002 -123.13809 734 /listing/265686995-150112753/37953-westway-avenue-squamish-bc-v0n-3g0 False 0 1868000.0 4014 101 C8031331 True
  • $1,868,000
  • 4,014 sqft