1600 Depot Rd, Squamish, BC V0N 1H0

$1,599,000
8
BD
3
BA
2,563
SqFt

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List Price
$1,599,000
Status
ACTIVE
MLS® #
R3175408
Year Built
1969
Subtype
Single Family Residence
Stories
2
Bedrooms
8
Total baths
3
Living Area
2,563
Area
Squamish
Community
Brackendale

Property 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!

Additional Information

Lot Size
0
Amenities
Near Shopping
Site Influences
Central Location, Golf, Marina Nearby, Recreation Nearby, Ski Hill Nearby
Levels
Two
Region
Squamish
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.