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Additional details

Nader Bakhoum,PMP, P.Eng.

info@home-nader.com +1(604) 612-7228

$ 2,698,000

Est. payment | -/mo

11 Beds

7 Baths

5,149 SqFt

Save

$ 2,698,000

Est. payment | -/mo

Save

11 Beds

7 Baths

5,149 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5149

Square Footage 5,149 sqft

Price per Sqft $523

MLS® Listing ID R3143284

Bedrooms 11

Year Built 1968

Lot Size 0.322 Acres

Acres 14015.0

Property Sub-Type Freehold

Property Description

Rare income property opportunity in the heart of Steveston! Situated on over 14,000 square ft of prime land, this legal duplex (circa 1970s) is on one of the last large development parcels in this highly sought-after neighborhood. The property is currently tenanted with long-term occupants, providing stable income and immediate holding security. Existing rents are below current market levels, presenting a clear value-add opportunity for future revenue growth over time. Whether held as a steady income property, repositioned for stronger yield, or land-banked for future development, this is a rare chance to acquire scale and upside in charming Steveston - a neighborhood where opportunities of this size are increasingly scarce. A long-term asset with built-in growth potential! (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 10

Garage No

Private Pool No

Building

Lot Description Garden Area

Others

Ownership Freehold

Listed by Rennie & Associates Realty Ltd.

4751 - 4771 STEVESTON HIGHWAY Richmond, BC V7E2K4