3319 Fulton Rd, Colwood, BC V9C 2V1

$1,899,999
10
BD
4
BA
4,407
SqFt

Courtesy of eXp Realty

List Price
$1,899,999
Status
ACTIVE
MLS®
953113
Property Type
Multifamily
Year Built
1974
Style
2 Storey-Main Lev Ent
Bedrooms
10
Total baths
4
Living Area
4,407
Acres
0.51
Lot Size
22,215
District
Colwood
Neighbourhood
Co Triangle

Property Description

Exceptional investment potential! Located in Colwood, this expansive lot spans over half an acre and offers an easily sub-dividable opportunity. Currently a non-conforming fourplex, the property offers ample space for another build or subdivision, with the existing dwelling occupying only half of the parcel. The fourplex comprises two 3-bedroom units and two 2-bedroom units, providing a variety of rental options. Practical amenities include separate paid laundry facilities and individual meters for each unit. Upgrades to the property include a natural gas hot water tank, a newer furnace, and updated roof and decks. Each unit is assigned its own address. Lots of parking. Colwood's recent expansion of Veterans Memorial Way is just around the corner. Walk to Belmont City Centre, Westshore Mall, and public transit. Whether you're seeking immediate rental income or long-term development prospects, this property offers a compelling opportunity for savvy investors.

Additional Information

Layout
Main Level Entry with Upper Level(s)
Lot Features
Rectangular Lot, Wooded
Heating
Forced Air, Oil
Flooring
Linoleum
Roof
Tar/Gravel
Exterior Features
Balcony/Patio
Interior Features
Dining/Living Combo, Storage
Parking Type
Driveway
Kitchens
4
Laundry Feature
In Unit
Fireplace Description
Family Room
Taxes
$5,493
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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