An exceptional investment in the heart of Brentwood Bay. This fully rebuilt, four-storey 8-unit apartment building offers a well-balanced suite mix: 5 one-bed units, 1 one bed + den, 1 two-bed + den, and 1 three-bedroom. Each unit is thoughtfully designed with modern finishes, efficient layouts, in-suite laundry and individual hydro meters—supporting ease of management and broad tenant appeal. Several units currently rented below market, presenting clear upside in future rental income. With updated building systems and low-maintenance construction, this turnkey property is well positioned for long-term, stable returns. Located just steps from groceries, dining, schools, parks, and the ocean, the walkable setting ensures consistently high occupancy and future appreciation. A prime opportunity to acquire a high-performing, income-producing asset in one of the Saanich Peninsula’s most vibrant communities. (id:4069)
Address
1181 Stelly's Cross Rd
List Price
$2,499,900
Property Type
Multi-family
Type of Dwelling
Multi-Family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Central Saanich
Lot Size
9142 Sq. Ft.
MLS® Number
1009134
Listing Brokerage
RE/MAX Camosun
Postal Code
V8V4X3
Features
Other
