2 bed
2 bath
1,134 sqft
Single Family Residence
Built in 1959
7,169 sqft lot
4 parking
1 fireplace
Freehold NonStrata
R3 zone
Public remarks
Discover a prime investment opportunity in the heart of Gibsons. This side-by-side duplex offers versatility & steady income, currently generating $3,350 per month. Dual Income Potential: Each unit is a 1-bedroom suite, with one featuring its own laundry facilities. Flexible Living Options: Live in one unit & rent out the other, continue with long-term tenants, or explore vacation rental possibilities. South-facing with a small ocean view, parking for four vehicles + a large partially fenced backyard with simple landscaping. R3 zoning allows for multiple residential uses. Conveniently located, this one-story duplex is larger than it appears and offers a prime location. The larger suite could be available immediately, providing flexibility for various investment strategies.
Private remarks
Burnt Boat Media Measured. TOTAL RENT = $3350/mo LHS SUITE = TENANTED FOR $1500/MO (INCL UTILITIES) RHS SUITE = TENANTED FOR $1850/MO (+ UTILITIES) Listing agent is co-owner, disclosure must be signed prior to writing offer.
Buyer agency compensation
3.255% on the 1st $100,000 and 1.1625% on the remainder on 1st physical introduction else 2.44% on the 1st $100,000 and .87% on the remainder.
$769,000 ($678/sqft)
Active
Listed
04/24/2025
Expiry date
Original price
Gross taxes (2023)
$3,056.92
Property transfer tax
$13,380.00
Last Updated: 06/02/2025 03:28 PM
Courtesy of RE/MAX City Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
716/718 Hillcrest Road | R2993945 | 06/02/2025 03:28 PM | 04/24/2025 | Active | $769,000 | Login to view | Deb Mowbray PREC* | RE/MAX City Realty |
716/718 Hillcrest Road | R2939240 | 02/09/2025 12:17 AM | 10/23/2024 | Terminated | $849,000 | Login to view | RE/MAX City Realty | |
716&718 Hillcrest Road | R2938243 | 10/28/2024 10:06 AM | 10/23/2024 | Terminated | $849,000 | Login to view | RE/MAX City Realty |