My Listings

2011 Idlemore Rd
Sk Billings Spit Sooke V9Z 0A9

$1,880,000 /mth
Commercial Sale built: 1971

Main Photo: 2011 Idlemore Rd in Sooke: Sk Billings Spit Multi Family for sale : MLS®# 916556
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
916556
Year Built:
1971
Two Whole Duplex For Sale in Sooke, BC. INVESTMENT COMBINED WITH LOCATION creates a nice revenue stream or holding property. With 2 large homes - 11 bed plus a den with 7.5 bath on 1.13 flat acres within walking distance to beaches and the Sooke River. Long-term tenants. 3 units in each house and plus a travel trailer. Total 7 units. Gross rental income $8,060.00 a month. Monthly expenses fluctuate slightly, averaging $2,500.00 a month. All utilities included in gross rents except oil for the main house. Whole lot of living space= 7844 sq. ft. including decks & porches. Look into the possibility for future re-zoning (multifamily/commercial/industrial) with sewer set for completion in 2023. Next to light industrial. Located in the flat rural quiet area of Billings Spit. Walk to elementary and senior school. Close to the Sooke Core (5min) and 20min to the Western Communities. Tons of off-street parking and outdoor areas. Easy to walk to bus service. *By appointment only!*
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1971 (Age: 51)
Lease Type:
Sale Price
Listing General Location:
Sk Billings Spit, Sooke
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.13 acre(s)
Lot Details:
175 ft wide x 275 ft deep
Taxes:
$4,859.02 / 2022
Building Features:
Laundry Room, Transit Nearby
Construction:
Block, Frame Wood, Shingle-Wood, Stone, Stucco
Foundation:
Concrete Perimeter, Slab
Electricity:
Yes
Number of Storeys:
2
Floor finish:
Mixed
Total Building Area:
7,844 sq. ft.
Leasable Area:
7,844 sq. ft.
Commercial Area:
Western Communities
Subdivisable Area:
No
Water supply:
Municipal
Sewer:
Septic System
Cooling:
None
Heating:
Electric
Fireplace:
No
Fixtures, Leasehold Improvements, Real Estate
See Remarks
Balcony/Deck, Balcony/Patio, Fencing: Partial, Low Maintenance Yard
Off Sooke Hwy
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Will entertain VTB mortgage if amounts and rates are favorable for both parties.
Assessed:
1176000.0
Assessment year:
2022
Gross Income:
8060.0
Net Operating Income:
5560.0
Jurisdiction name:
District of Sooke
Legal Description:
Lot 3, Block 3, Plan VIP2434, Section 7, Sooke Land District
Zoning:
RU4
Legal Non-Conformance:
No
Units in Building:
3
Units in Community:
2
Occupancy:
Tenant
Utilities:
Cable Available, Electricity Connected, Garbage, Phone Available
Lot Site Features:
Acreage, Level, Serviced, Southern Exposure, Wooded
Parking Features:
On Site
Total Parking Spaces:
10
Business Type:
Accommodation
Total Units:
7
Date Listed:
Oct 05, 2022
Original Price:
1880000.0
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Virtual Tour

Listed by Nancy Vieira of Pemberton Holmes - Sooke
Data was last updated November 28, 2022 at 02:05 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,255,000
Min list price:
$299,000
Max list price:
$13,300,000
Avg days on market:
82
Min days on market:
12
Max days on market:
199
These statistics are generated based on the current listing's property type and located in Sooke. Average values are derived using median calculations.
Nancy Vieira
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.