The Slipway Apartments
2606 Peatt Road, Langford, BC
32 Strata Titled Townhouse Apartment Investment
A 2004 four storey wood frame building, rented out by the Builder developer since completion. A rental covenant attached to the subject expires in 2017 after which the units could be offered for sale as individual strata suites.
Suites are a unique design with high ceilings and large deck areas.
The top floor is comprised of Two Level Townhouse Style Units, of 4 Bed/4 Bathroom unit, Suite sizes range 686 sq.ft to 1,280 sq.ft. Suite mix: 1 loft unit, 2-one bedroom units, 17-two bedroom units, 11-three bedroom units, 1- four bedroom unit for a total of 32 suites.
Each unit has in-suite storage & laundry, heat is baseboard electric, some units have electric fireplaces.
Roof is Wood frame with torch on membrane cover.
Exterior stucco, hardiplank and novabrik. Windows double pane with vinyl sash.
Property size: 39,424 sq.ft. Building Area 36,268 sq.ft.
Multi Pictures on YouTube
Blog: The Slipway Apartments Investment Opportunity
Information contained herein are from sources we believe to be reliable although not guaranteed by RE/MAX Camosun and or Fred Carver Personal Real Estate Corporation.
Financial projections supplied by the owner based on their experience and knowledge of the local current rental market.