An exceptional investment in the heart of Brentwood Bay. This fully rebuilt, four-storey 8-unit apartment building offers a well-balanced suite mix: 5 one-bed units, 1 one bed + den, 1 two-bed + den, and 1 three-bedroom. Each unit is thoughtfully designed with modern finishes, efficient layouts, in-suite laundry and individual hydro meters—supporting ease of management and broad tenant appeal. Several units currently rented below market, presenting clear upside in future rental income. With updated building systems and low-maintenance construction, this turnkey property is well positioned for long-term, stable returns. Located just steps from groceries, dining, schools, parks, and the ocean, the walkable setting ensures consistently high occupancy and future appreciation. A prime opportunity to acquire a high-performing, income-producing asset in one of the Saanich Peninsula’s most vibrant communities.
Address
1181 Stelly's Cross Rd
List Price
$2,499,900
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
sale
Area
Central Saanich
Sub-Area
CS Brentwood Bay
Lot Size
9142 Sq. Ft.
Lot Size (Acres)
0.21 Ac.
MLS® Number
1009134
Listing Brokerage
RE/MAX Camosun
Postal Code
V8V 4X3
Tax Amount
$10,950.77
Tax Year
2024
Features
Baseboard, Electric, Laminate, Mixed
Amenities
Balcony, Balcony/Deck, Balcony/Patio, Easy Access, Fencing: Partial, Low Maintenance Yard