Legal triplex with separate hydro meters, PLUS a rancher (SFD) offered as a fantastic investment opportunity on over an acre in the Sayward Valley. The rancher is currently vacant and freshly painted, offering flexibility to be owner occupied or provide additional rental income. Within the triplex, on the ground floor you’ll find a vacant 3 bedroom, 1 bathroom unit with in-suite laundry (new washing machine and dryer), new carpet and fresh paint. The second level has TWO 1 bedroom, 1 bathroom suites (both currently tenanted), with shared laundry and great views. Additional income is brought in through the rental of 5 separate bays; 4 bays with concrete floors and new garage doors are currently tenanted, with the 5th bay offering the tallest clearance and dirt floor retained by the owners. There have been many recent updates, including metal roof installations on both buildings, new power pole and service upgrade, newer windows and more. Springer Creek runs through the back of the property, and the owners have a water license to draw from it. There are three shallow wells and a separate pump station outbuilding on the property, as well as two electrical rooms and ample parking for all suites to have 2+ vehicles. Located just a few minutes past the Sayward Junction, enjoy close proximity to groceries, restaurants, and the marina. Foreign investors welcome!
Address
1260 Sayward Rd
List Price
$779,000
Property Type
Residential
Type of Dwelling
Triplex
Transaction Type
Sale
Area
North Island
Sub-Area
NI Kelsey Bay/Sayward
Bedrooms
8
Bathrooms
4
Floor Area
3,722 Sq. Ft.
Lot Size
54014.4 Sq. Ft.
Lot Size (Acres)
1.24 Ac.
Year Built
1970
MLS® Number
1024296
Listing Brokerage
Engel & Volkers Vancouver Island North (CR)
| Engel & Volkers Vancouver Island North
Basement Area
Other
Postal Code
V0P 1R0
Tax Amount
$2,341.73
Tax Year
2025
Features
Dishwasher, Dryer, Electric, F/S/W/D, Forced Air, Insulated Windows, Laminate, Mixed, Other, Other Improvements, Range Hood, Tile, Wood, Workshop
Amenities
Accessible Entrance, Acreage, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Garden, Guest Accommodations, In Wooded Area, Level, Low Maintenance Yard, Marina Nearby, Park Setting, Primary Bedroom on Main, Quiet Area, Storage Shed, Wheelchair Friendly, Workshop
