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1260 Sayward Rd

MLS® #1024296
About this Property

Legal triplex with separate hydro meters, PLUS a rancher (SFD) offered as a fantastic investment opportunity on over an acre in the Sayward Valley. The rancher is currently vacant and freshly painted, offering flexibility to be owner occupied or provide additional rental income. Within the triplex, on the ground floor you’ll find a vacant 3 bedroom, 1 bathroom unit with in-suite laundry (new washing machine and dryer), new carpet and fresh paint. The second level has TWO 1 bedroom, 1 bathroom suites (both currently tenanted), with shared laundry and great views. Additional income is brought in through the rental of 5 separate bays; 4 bays with concrete floors and new garage doors are currently tenanted, with the 5th bay offering the tallest clearance and dirt floor retained by the owners. There have been many recent updates, including metal roof installations on both buildings, new power pole and service upgrade, newer windows and more. Springer Creek runs through the back of the property, and the owners have a water license to draw from it. There are three shallow wells and a separate pump station outbuilding on the property, as well as two electrical rooms and ample parking for all suites to have 2+ vehicles. Located just a few minutes past the Sayward Junction, enjoy close proximity to groceries, restaurants, and the marina. Foreign investors welcome! (id:62865)

Property Information

Status

Active

Year Built

1970

Property Type

Triplex

Ownership

Freehold

Parking Spaces

14

Annual Tax

$2,342

Zoning

Multi-Family

Parcel Number

028-159-292

Data Source

Vancouver Island Real Estate Board

Interior Details

Bedrooms

8

Bathrooms

4

Living Area

3722 square feet

Appliances

WasherRefrigeratorDishwasherStoveDryer
Exterior & Lot

Lot Size

1.24 acres

View

Mountain view

Lot Features

AcreageCentral locationLevel lotPark settingWooded areaPartially clearedOtherMarine Oriented
Building & Utilities

Heating

Forced air, Electric, Wood

Cooling

None

Security

Sprinkler System-FireFire alarm system

$749,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
8Beds
4Baths
3722sqft
Listing Courtesy of

Office

Engel & Volkers Vancouver Island North (CR)

Mortgage Calculator
$149,800

Loan Amount:

$599,200

Estimated Monthly Payment:

$2,920

This is an estimate for informational purposes only. Consult with a financial advisor.