Welcome to 319 Main St, steps from The Drake and Lakeside Motel. This renovated former general store built in 1895 offers an exceptional investment opportunity. Currently operating as owner-occupied turn-key short term accommodation, it also has potential as a multi-generational family home, as four high-end rental units, or as a 4-unit boutique hotel with en suites. New plumbing, wiring, HVAC, drywall, flooring, custom bathrooms, kitchens, and lighting ensure a low maintenance and contemporary living experience. This property is cash flow positive from day one, generating strong rental income with a proven track record. Ready for immediate rental income, two years of financials available as an operating, legal, "Super Host" STA. With a Walk Score of 100, you're minutes from PEC's top restaurants, bars, galleries, beaches, groceries, and schools. Enjoy biking to nearby wineries and exploring the vibrant local culture. Stunning Property: On a spacious lot with water views, this unique home blends historic charm with modern luxury, offering endless possibilities (40025510)
Property Type
Multi-family
Annual Property Taxes
$2,360.88 (CAD)
Time on REALTOR.ca
11 days
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