Courtesy of Royal LePage Advance Realty
TENANTED STUDIO: Tenanted at $900/mo, about 9.8% gross yield. A low-cost way to own income property on Vancouver Island. This bright 2nd-floor studio with balcony and mountain views is rented month-to-month. Keep the tenant and collect rent from day one, or the seller can arrange vacant possession. Updated throughout: new kitchen and bathroom flooring, stainless steel fridge, stove and exhaust system, new kitchen fixtures, new bathroom vanity, sink and Panasonic whisper fan, new LED lighting, new baseboard heaters and thermostat, and built-in shelving in the storage closet. Low strata fee of $162.68/mo., pet-friendly building, parking. Steps to village amenities: rec center, library, health clinic, legion, Sayward Elementary, playground, tennis court, restaurant/pub, food markets and local farms. Close to trails, the ocean and Kelsey Bay Marina, less than an hour to Campbell River. A smart buy for investors, first-time buyers, or anyone wanting a lock-and-leave getaway.
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