$1,599,000

1600 Depot Road, Squamish, BC V0N 1H0

MLS® R3175408

Description

INVESTOR GEM ALERT! Exceptional income-generating opportunity at 1600 Depot Road in desirable Brackendale! This 8-bedroom, 3-bathroom home currently generates $7,920 per month in rental income. Zoned R-3, the property offers exciting development potential, with the possibility of building two additional strata-titled residences at the rear, benefiting from convenient street access, subject to municipal approvals. Imagine having an established income-producing property helping carry your holding and development costs while you plan and build! Whether you're looking to expand your investment portfolio or capitalize on future development opportunities, this property offers the best of both worlds: strong rental income today and exceptional potential for tomorrow!

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Year built

1,969

Age

57 years

Ownership

Freehold NonStrata

Levels

Two

Interior

Bedrooms

8

Bathrooms

3

Full bathrooms

3

Half bathrooms

0

Living area

2,563 sq ft

Main floor finished area

1,305 sq ft

Basement

None

Fireplaces

0

Appliances

Washer/Dryer, Dishwasher, Refrigerator, Stove

Systems

Heating

Electric

Lot and parking

Lot size

0.01 sq ft

Lot dimensions

0 x

Lot features

Central Location, Near Golf Course, Marina Nearby, Recreation Nearby, Ski Hill Nearby

Parking spaces

4

Parking

Garage Single

Garage spaces

1

Carport spaces

No

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$5,861

Tax year

2,026

Land lease

No

Location

Area

Squamish

Neighbourhood

Brackendale

Waterfront

No

Community features

Shopping Nearby