Courtesy of Team 3000 Realty Ltd
Solid Westshore investment opportunity. This is a 1973 purpose blt duplex on a .2 ac lot with a downstairs suite on each side for a total of 4 rental units. Excellent long term tenants have taken great care of the property. All suites have benefitted from updates over the years including bthrms, kitchens, flooring, lighting & paint. Current owner has replaced roof, furnaces & HW tanks, upgraded stacks & drains & per. drainage, hooked up gas & sewer. Rental income & expenses available thru your agent. Neighbouring 6 lots were part of a previously attempted land assembly. Next block is proposed Langford Gateway project (18 & 24 story towers) now passed 3rd reading for rezoning to mixed com/res. OCP envisions entire area as multi-family. Another assembly likely in near future, making this an excellent holding property in meantime. Property fully tenanted so showings restricted to qualified buyers who have reviewed floorplans & tenancy info with their agent & who follow COVID guidelines.