House
3 Bedrooms
1 Bathroom
Built in 1970
$3,099,000
About this House in Errington/Coombs/Hilliers
ATTENTION INVESTORS!
Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income.
A hard-to-find investment with strong revenue potential and multiple in…come streams.
All measurements are approximate and should be verified if important.
Listed by REMAX Professionals (NA).
ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important.
Listed by REMAX Professionals (NA).
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®: 1017317
- Bedrooms: 3
- Bathrooms: 1
- Type: House
- Lot Size: 57,499 sqft
- Taxes: $10,540.91 (2025)
- Parking: 15 Driveway, Open, RV Access/Parking, Other
- Fireplaces: 0
- Year Built: 1970
More about Errington/Coombs/Hilliers, Parksville/Qualicum
Latitude: 49.30705177
Longitude: -124.47845791
