I have sold a property at 3892 Carey Rd in Saanich. See details here
Prime location Commercial building offers 4 retail units and one residential suite on 2nd floor. Long term tenants in place. C2 zoning allows wide range of uses. 6 parking spaces. 2 year old roof, and most windows updated. High traffic and visibility. Gross Income $67,200 from the 5 leases; Net Income $45,287 yielding a 3.48 % CAP after allowing 2% vacancy. Most rates on leases are below market rent.