4533 W River Road, Delta
Unique once in a lifetime opportunity to own or invest invest in one of Vancouver’s most sensational waterfront locations. Potential income streams can generate up to $70,000/year. Excellent cap rate returns from this turnkey property. Includes boutique 2 bed cottage on shore. Perfect to live in, rent or Airbnb. Also incl. two legal 30 year water lot leases, with long term tenants(float homes are owned by tenants). 3 spots for boat moorage, incredible deck, court yard, new fence, tool shed, storage, updated ramp, docks and paved parking for 6 vehicles (incl. tenant parking). All homes have separate hydro meters, and laundry facilities, city water, sewer and the main house has N. gas. This is a unique once in a lifetime opportunity for an owner and/or investor. By Appointment.
Taxes (2021): $3,737.20