Prime Oceanview Investment Opportunity – Fully Occupied 6-Plex
Unlock the potential of this fully tenanted 6-plex on picturesque Cormorant Island, perfectly positioned right across the street from the ocean. With unobstructed, breathtaking ocean views from every unit, this income-generating property is an investor’s dream. Spanning three levels, each floor hosts two spacious 2-bedroom - 1 bathroom suites, generating $3,700 per month in rental income. All units feature storage and laundry, conveniently accessed via a shared hallway.
Whether you’re looking to hold and watch your investment grow, or redevelop for even greater returns, this prime location offers endless possibilities. Don’t miss out—contact your realtor today and explore the opportunity that awaits!
Data was last updated April 19, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
241
Avg list price:
$759,000
Min list price:
$74,900
Max list price:
$11,600,000
Avg days on market:
63
Min days on market:
1
Max days on market:
964
Avg price per sq.ft.:
$529.03
These statistics are generated based on the current listing's property type
and located in
Islands. Average values are
derived using median calculations.