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$ 2,600,000
Est. payment | /mo
4.39 Acres Lot
$ 2,600,000
Est. payment | /mo
4.39 Acres Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Ardoise
MLS® Listing ID 202527267
Year Built 2016
Lot Size 4.394 Acres
Acres 4.394
Property Sub-Type Freehold
Property Description
Excellent investment opportunity to acquire a 12-unit condominium building situated on a spacious lot with room to add additional units or construct another building (subject to approvals). Built approximately nine years ago, the property requires some repairs and updates but offers significant upside potential. Investors can choose to maintain it as a 12-unit rental property for steady income or renovate and sell each unit individually for profit. The building backs onto the site of a future golf course, enhancing long-term value, and is located in a revitalizing neighbourhood experiencing new development, infrastructure upgrades, and rising demand - making this a strong value-add opportunity for those seeking growth and appreciation. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Heating Forced air, Heat Pump, In Floor Heating,
Cooling Heat Pump
Flooring Concrete
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX Nova
Nearby Locations
"After more than a decade of helping people buy and sell homes throughout the Okanagan, from Osoyoos to the Shuswap, I understand that every move is personal. Whether you are buying, selling, or simply exploring your options, I would be happy to help you reach your real estate goals. "