Property Description
ATTENTION INVESTORS!
Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income.
A hard-to-find investment with strong revenue potential and multiple income streams.
All measurements are approximate and should be verified if important.
Property Details
MLS #:
1017846
ID #:
30112491
Type:
Commercial Sale
Sub-Type:
Mixed Use
Area:
Parksville/Qualicum
Sub-Area:
PQ Qualicum Beach
Status:
Active
Lot Size:
1.32 acres
Property Tax:
$10,541 (2025)
Days on Market:
41 days
Listing provided by REMAX Professionals (NA)
Canadian Mortgage Calculator
Mortgage Amount:
$0
Payment Amount:
$0
Total Interest:
$0
Total Cost:
$0
After 5 Year Term:
Principal Paid:
$0
Interest Paid:
$0
Remaining Balance:
$0
CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
Annual Payment Breakdown
*Chart shows mortgage balance progression and cumulative payments over the selected term
*Calculations are estimates for informational purposes only. Please consult with a mortgage professional for accurate rates and terms.