3319 Fulton Rd, Colwood, BC, V9C 2V1

$1,399,000

MLS® # 983781

Investment For Sale In Colwood, British Columbia

$1,399,000

Property Information:

Nestled on Triangle Mountain in Colwood, this rare offering spans over half an acre, blending rental income potential with development opportunities. The non-conforming fourplex includes 2 spacious 3-bed units and 2 comfortable 2-bed units, each with separate addresses, meters, and shared paid laundry, ensuring maximum rental flexibility. With the current structure occupying only half the lot, the property is ripe for subdivision or additional development. Upgrades include a natural gas hot water tank, newer furnace, updated roof, and refreshed decks. Ample parking enhances convenience for tenants. Ideally located, it's within walking distance of Belmont City Centre, Westshore Mall, and public transit. Whether you're looking to capitalize on immediate rental income or envision long-term growth through subdivision, this property is a smart investment choice for the discerning buyer.

Property Features:

  • Bedrooms: 10
  • Bathrooms: 4
  • Annual Tax Amount: $5,493
  • Basement: Unfinished, With Windows
  • Built in: 1974
  • Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco, Vinyl Siding
  • Cooling: None
  • Exterior Features: Balcony/Patio
  • Floor Space (approx): 4639 Square Feet
  • Flooring: Linoleum
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air, Natural Gas
  • Interior Features: Dining/Living Combo, Storage
  • Laundry Features: In Unit
  • Lot Features: Rectangular Lot, Wooded
  • Lot Frontage: 22215 Square Feet
  • Lot Size: 0.51 Acres
  • Other Structures: Storage Shed
  • Ownership: Freehold
  • Parking Features: Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Contact List Licensee
  • Property Sub Type: Quadruplex
  • Rent Includes: Electricity
  • Roof: Asphalt Rolled
  • Water Source: Municipal
  • Window Features: Aluminum Frames
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 0

Rooms:

  • Other Main Level 3.35 m x 3.43 m
  • Bathroom Main Level
  • Living Main Level 3.96 m x 7.87 m
  • Kitchen Main Level 3.07 m x 3.58 m
  • Bedroom Main Level 3.07 m x 3.28 m
  • Other Main Level 7.29 m x 3.23 m Note: Deck
  • Living Main Level 3.96 m x 7.87 m
  • Kitchen Main Level 3.07 m x 3.58 m
  • Other Main Level 3.35 m x 3.43 m
  • Bedroom Main Level 3.07 m x 3.28 m

Courtesy of: Sotheby's International Realty Canada

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos