Gordana Vidovic Royal Pacific Realty (Kingsway) Ltd.

Description

Rare income property opportunity in the heart of Steveston! Situated on over 14,000 sq ft of prime land, this legal duplex (circa 1970s) is on one of the last large development parcels in this highly sought-after neighborhood. The property is currently tenanted with long-term occupants, providing stable income and immediate holding security. Existing rents are below current market levels, presenting a clear value-add opportunity for future revenue growth over time. Whether held as a steady income property, repositioned for stronger yield, or land-banked for future development, this is a rare chance to acquire scale and upside in charming Steveston — a neighborhood where opportunities of this size are increasingly scarce. A long-term asset with built-in growth potential!

Listing Provided By

Rennie & Associates Realty Ltd.

Neighborhood Info

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Property Details

Living Area
5,003 sqft.
Bedrooms
11
Bathrooms
7
Lot Size Area
14015.0 sqft
Taxes
10116.15
Type
Quadruplex
Style
N/A
Basement
None
Year Built
1968
Real Estate Listing
Provided by:
 Real Estate Listing provided by
  • Royal Pacific Realty (Kingsway) Ltd.
  • 3107 Kingsway
  • Vancouver, BC
  • V5R 5J9