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$1,500,000
British Columbia,Powell River
For Sale Active
3915 SELKIRK AVE, Powell River, British Columbia V8A3C5
  • 18
  • 12
  • 7,500 Sqft
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Basic Details
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:62783)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 19779
  • Price: $1,500,000
  • Bedrooms: 18
  • Bathrooms: 12
  • Square Footage: 7,500 Sqft
  • Year Built: 1965
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 283182
Features & Appliances
Features
  • Heating System: Natural gas, Baseboard heaters, Other
  • Cooling System: None
  • Parking: Other
Address Map
  • Location: CA, British Columbia, Powell River, V8A3C5
  • Longitude: W125° 28' 49.7''
  • Latitude: N49° 49' 18.1''
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 27356
Financial
  • Tax Annual Amount: 12076
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Listing updated: 2026-06-20 03:56:40
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Listing Information
  • List Agent Key: 1904269
  • List Office Key: 283182
  • Modification Timestamp: 2026-06-18T22:25:09Z
  • Originating System Name: Powell River Sunshine Coast Real Estate Board
  • Status Change Timestamp: 2026-06-18T22:18:48Z
Powered by REALTOR.ca
Listing updated: 2026-06-20 03:56:40
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