Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
Financials
Price:C4,900,000
($3,543,400)
(€3,051,300)
Annual Taxes:C68,362
This 5 acre site offers an attractive combination of current income, storage upside and longer term development potential in a strategically located area between the two rapidly growing residential communities ...



Description
This 5-acre site offers an attractive combination of current income, storage upside and longer-term development potential in a strategically located area between the two rapidly growing residential communities of Findlay Creek and Riverside South . The property currently generates approximately $250,000 of gross income from existing month-to-month tenancies including the monthly mini-storage operation. The 78-unit mini-storage component is approximately 50% occupied, providing an opportunity to increase revenue as occupancy grows and capitalize on the continued residential development surrounding the property. The site also offers longer-term development potential, with conceptual plans showing future warehouse development while maintaining the existing mini-storage use. Ideal for an owner-user seeking residual income today with flexibility for expansion or redevelopment. Contact the listing agents for further information and to arrange a tour.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.