6 beds · 6 baths · 2499.9795 - 2999.975 sqft
Unique Heritage Building with Income Potential. Welcome to 319 Main St, steps from The Drake and Lakeside Motel. This renovated former general store built in 1895 offers an exceptional investment opportunity. Possible uses include: multi-generational family home; income property featuring four high-end rental units; an owner-occupied turn-key short-term accommodation business; or a 4-unit boutique hotel with en suites. New plumbing, wiring, HVAC, drywall, flooring, custom bathrooms, kitchens, and lighting ensure a contemporary living experience. Ready for immediate rental income, one year of financials available as an operating, legal, ""Super host"" STA. With a Walk Score of 100, you're minutes from PEC's top restaurants, bars, galleries, beaches, groceries, and schools. Enjoy biking to nearby wineries and exploring the vibrant local culture. Stunning Property: On a spacious lot with water views, this unique home blends historic charm with modern luxury, offering endless possibilities. **** EXTRAS **** On-demand hot water, new or newer windows, insulation, quartz counters throughout, imported tile, new appliances, Orig. 12-in Pine Floors. In the Upper Unit. New Decks, fences, fire pit, landscaping, parking For 7. (id:39198)
Building Type Fourplex
Year built
Square Footage 2499.9795 - 2999.975 sqft
Stories 2
Bedrooms 6
Bathrooms 6
Parking 7
NeighbourhoodWellington
Land size 61 x 250 FT|under 1/2 acre
Heating type Forced air
Basement typePartial
Parking Type
Time on REALTOR.ca3 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: HOUSESIGMA INC.
Home price
$2,149,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$19,548 / month
Rent $17,287
Savings $2,261
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$17,228 / month
Rent $16,758
Savings $470
Initial deposit 5%
Savings target Fixed at 5%