Nestled on Triangle Mountain in Colwood, this rare offering spans over half an acre, blending rental income potential with development opportunities. The non-conforming fourplex includes 2 spacious 3-bed units and 2 comfortable 2-bed units, each with separate addresses, meters, and shared paid laundry, ensuring maximum rental flexibility. With the current structure occupying only half the lot, the property is ripe for subdivision or additional development. Upgrades include a natural gas hot water tank, newer furnace, updated roof, and refreshed decks. Ample parking enhances convenience for tenants. Ideally located, it's within walking distance of Belmont City Centre, Westshore Mall, and public transit. Whether you're looking to capitalize on immediate rental income or envision long-term growth through subdivision, this property is a smart investment choice for the discerning buyer. (id:47423)
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Detailed Information
Bedrooms
10
Bathrooms
4
Features
Wooded area, Rectangular
Listing Contract Date
2025-01-06
Maintenance Fee Payment Frequency
Monthly
Municipal ID
002-950-391
Ownership Type
Freehold
Plan
VIP23983
Property Type
Single Family
Structures
Shed
Transaction Type
For sale
Zoning
Residential
Building
Constructed Date
1974
Cooling Type
None
Heating Fuel
Natural gas
Heating Type
Forced air
Total Finished Area
4408 sqft
Type
Fourplex
Rooms
Room
Level
Dimensions
Notes
Balcony
Second level
13'0 x 6'0
Storage
Second level
10'1 x 5'11
Bathroom
Second level
4-Piece
Bedroom
Second level
10'5 x 10'10
Bedroom
Second level
10'5 x 10'8
Bedroom
Second level
10'5 x 10'8
Kitchen
Second level
10'5 x 11'9
Living room
Second level
13'10 x 26'1
Balcony
Second level
13'0 x 6'0
Storage
Second level
10'1 x 5'11
Bathroom
Second level
4-Piece
Bedroom
Second level
10'5 x 10'10
Bedroom
Second level
10'5 x 10'8
Bedroom
Second level
10'5 x 10'6
Kitchen
Second level
10'5 x 11'9
Living room
Second level
13'10 x 26'1
Bathroom
Main level
4-Piece
Bedroom
Main level
10'1 x 10'9
Primary Bedroom
Main level
11'0 x 11'3
Kitchen
Main level
10'1 x 11'9
Living room
Main level
13'0 x 25'10
Bathroom
Main level
4-Piece
Bedroom
Main level
10'1 x 10'9
Primary Bedroom
Main level
11'0 x 11'3
Kitchen
Main level
10'1 x 11'9
Living room
Main level
13'0 x 25'10
Parking Spaces
Name
Spaces
Stall
Land
Total Size
0.51 acres
Size of Irregular Land
0.51
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