2639 Quadra Street, Hillside Victoria
Price
$4,950,000
BedroomsNot listed
BathroomsNot listed
Size5400 sqft
Year BuiltNot listed
Property TypeCommercial
Property Taxes$36,558.08
Description
Incredible Investment Opportunity! Discover an unparalleled investment opportunity in a prime location that promises exceptional returns. This property is a shining gem with a fully leased building featuring robust long-term leases with an advantageous 6% escalation clause. Its design has been carefully crafted for effortless maintenance, making it an investor's dream. Yet, the true allure of this property lies in its potential for future development. With thoughtful demarcation that considers essential setbacks for future development endeavours, it's a canvas ready for transformation. We are well-equipped to provide you with comprehensive information, valuable insights, and expert guidance to unlock the immense potential concealed within this property. Don't miss out on securing a savvy investment that guarantees stability and the promise of future growth. Seize this extraordinary opportunity today! (id:39198)
Listed By
The listing brokerage and/or agent is Pemberton Holmes Ltd.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$20,829 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$3,960,000
Total Interest Payments
$2,441,582
Total Payment (Principal + Interest)
$6,401,582
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.