3915 SELKIRK AVE, Powell River

2026-06-21
 

Quick Summary

Location
3915 SELKIRK AVE, Powell River, British Columbia V8A3C5
Price
$1,500,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
7500 sqft
Bedrooms:
18
Bathrooms:
12
Garages:
6
Year of Construction:
1965

MLS®#19779

Property Description

Turnkey 6-unit multifamily investment on a large 27,355 sq ft corner lot with strong income & exceptional future upside. This well-maintained property consists of six spacious 3-bedroom, 2-storey rowhome-style units (approx. 1,250 sq ft each), all fully tenanted and generating $7,715/month. It has been operated as a passive investment, with professional management in place, offering a low-maintenance, hands-off ownership structure. What sets this property apart is the significant development potential. Approximately 8,000 sq ft of excess land remains underutilized, with preliminary support from the City of Powell River Planning Department for potential subdivision and rezoning from RM2 to RM4--creating a rare opportunity for future density. Lower entry price vs. Vancouver properties and higher yield potential. Opportunity to combine cash flow + land appreciation + redevelopment. INCOME TODAY & DEVELOPMENT TOMORROW (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Shopping

Building

  • Construction Style: Detached
  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 7500 sqft
  • Building Type: Fourplex

Features

  • Feature: Southern exposure

Land

  • Land Size: 27356 sqft

Ownership

  • Type: Freehold

Information entered by Oakwyn Realty Ltd.
Listing information last updated on: 2026-06-28 04:26:59


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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