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Denise Hodgins PREC*

denise@bcislandhomes.ca +1(250) 619-2855

$ 2,499,900

Est. payment -/mo

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1181 Stelly's Cross Rd Central Saanich, BC V8V 4X3

9,147 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1009134

Rental Info Unrestricted

Annual Tax Amount $10,950

Tax Year 2024

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Multi Family

Property Description

An exceptional investment in the heart of Brentwood Bay. This fully rebuilt, four-storey 8-unit apartment building offers a well-balanced suite mix: 5 one-bed units, 1 one bed + den, 1 two-bed + den, and 1 three-bedroom. Each unit is thoughtfully designed with modern finishes, efficient layouts, in-suite laundry and individual hydro meters—supporting ease of management and broad tenant appeal. Several units currently rented below market, presenting clear upside in future rental income. With updated building systems and low-maintenance construction, this turnkey property is well positioned for long-term, stable returns. Located just steps from groceries, dining, schools, parks, and the ocean, the walkable setting ensures consistently high occupancy and future appreciation. A prime opportunity to acquire a high-performing, income-producing asset in one of the Saanich Peninsula's most vibrant communities.

Location

Province BC

County Capital Regional District

Area Cs Brentwood Bay

Interior

Heating Baseboard, Electric

Flooring Laminate, Mixed

Heat Source Baseboard, Electric

Exterior

Exterior Feature Balcony, Balcony/Deck, Balcony/Patio, Fencing: Partial, Low Maintenance Yard

Parking On Site 1

Total Parking Spaces 8

Building

Lot Description Easy Access

Building Description Cement Fibre,Insulation All,Stone,Wood, Basement,Parking

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Cement Fibre,Insulation All,Stone,Wood

Others

Pets Allowed Yes

Tax ID 030-322-294

Ownership Freehold

Listed by RE/MAX Camosun