
Courtesy of: Deborah Nicol, , eXp Realty (NA)
$591,000
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Other
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$591,000
1731 Dar's Pl INVESTMENT OPPORTUNITY + 0% SELLER FINANCING! Acquire an income-producing property just 15 min. north of Qualicum Beach with an attractive combination of cash-flow potential, favourable financing and flexible use. Est. annual rental income is $39K, with approx.$9K in operating costs, leaving approximately $30K in annual cash flow before financing and a net ROI of approx.5%.Adding significant value, the Seller is offering up to $100K in financing at 0% interest for 12 years, potentially saving the buyer $50K+ in interest compared with conventional financing. This unusual financing structure can make ownership more attainable while improving the overall investment proposition. The property features a bright 2-bdrm/2-ba main home plus a fully self-contained 2-bdrm/1-ba suite, currently generating $1, 300/mo. in rental income, with a tenant who would like to stay and a lease in place until 8/2027.The configuration provides flexibility for investors seeking long-term rental income, furnished/vacation accommodation, or an owner-occupied property with supplemental income, subject to applicable regulations. Quality features include maple hardwood, Brazilian cherry flooring, Corian counters, a heat pump, propane fireplace and a sunny 20x20 deck.Furniture on the main floor is included, making it well suited to a furnished rental strategy. Whether your priority is generating income, building equity, or creating a flexible property with multiple potential uses, this is an opportunity worth examining. Income + 0% seller financing + existing tenancy + future flexibility make this a compelling investment proposition in the Qualicum Beach area. (id:203)