$405,000
$429,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
602 SqFt
SOLD DATE : 12/03/2021
Key Details
Sold Price $405,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 602 sqft
Price per Sqft $672
MLS Listing ID 875276
Sold Date 12/03/21
Style Rancher
Bedrooms 1
Rental Info Unrestricted
Year Built 1940
Annual Tax Amount $2,903
Tax Year 2020
Lot Size 0.340 Acres
Acres 0.34
Property Description
Very private ocean front property on Cormorant Island with huge potential for a retreat or income property. There is a major demand for rentals- this property has potential for 4 besides the main home. Renovated (2010), cozy open concept beach house (600 sqft). The house next to it has charm galore (700 sqft) with original fir plank flooring and a loft. A third home (330 sqft) offers two rooms with 3 piece bath. The fourth building (720 sqft) is great for a workshop with storage in the loft but could be converted back to a liveable cottage. 3 wood storage areas. A fifth building included with the footprint of 900 sqft. Two lots have been combined into .34 of an acre. The seawall was built in 2005 with some recent reinforcement to protect the 350 feet of waterfront this property offers. Foreshore lease is in the process of being renewed. Bring your renovation/expansion/development ideas when you come to view this property. Three cottages currently tenanted.
Location
Province BC
County Alert Bay, Village Of
Area Isl Alert Bay
Zoning R
Direction West
Rooms
Basement None
Main Level Bedrooms 1
Kitchen 1
Interior
Heating Baseboard, Electric
Cooling None
Fireplaces Number 1
Fireplaces Type Wood Stove
Fireplace 1
Laundry In Unit
Exterior
Waterfront 1
Waterfront Description Ocean
View Y/N 1
View Ocean
Roof Type Asphalt Shingle
Parking Type Open
Total Parking Spaces 6
Building
Lot Description No Through Road, Quiet Area, Rural Setting, Walk on Waterfront
Building Description Cement Fibre, Rancher
Faces West
Foundation Pillar/Post/Pier
Sewer Sewer Connected
Water Municipal
Structure Type Cement Fibre
Others
Tax ID 030-772-516
Ownership Freehold
Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with 460 Realty Inc. (PH)
