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Listed by Matt Peulen RE/MAX Camosun
$ 2,499,900
Est. payment /mo
Active
1181 Stelly's Cross Rd Central Saanich, BC V8V 4X3
6,960 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,960 sqft
Price per Sqft $359
MLS Listing ID 1009134
HOA Y/N No
Annual Tax Amount $10,950
Tax Year 2024
Lot Size 9,147 Sqft
Property Sub-Type Multi Family
Property Description
An exceptional investment in the heart of Brentwood Bay. This fully rebuilt, four-storey 8-unit apartment building offers a well-balanced suite mix: 5 one-bed units, 1 one bed + den, 1 two-bed + den, and 1 three-bedroom. Each unit is thoughtfully designed with modern finishes, efficient layouts, in-suite laundry and individual hydro meters—supporting ease of management and broad tenant appeal. Several units currently rented below market, presenting clear upside in future rental income. With updated building systems and low-maintenance construction, this turnkey property is well positioned for long-term, stable returns. Located just steps from groceries, dining, schools, parks, and the ocean, the walkable setting ensures consistently high occupancy and future appreciation. A prime opportunity to acquire a high-performing, income-producing asset in one of the Saanich Peninsula's most vibrant communities.
Location
Province BC
County Capital Regional District
Community Cs Brentwood Bay
Area Central Saanich
Interior
Heating Baseboard, Electric
Flooring Laminate, Mixed
Exterior
Exterior Feature Balcony, Balcony/Deck, Balcony/Patio, Fencing: Partial, Low Maintenance Yard
View Y/N No
Total Parking Spaces 8
Garage No
Building
Lot Description Easy Access
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
Locker No
Others
Ownership Freehold