Brentwood Bay Waterfront Homes For Sale
1181 Stelly's Cross Rd
CS Brentwood Bay
Central Saanich
V8V 4X3
$2,499,900
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1009134
- Photos (28)
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An exceptional investment in the heart of Brentwood Bay. This fully rebuilt, four-storey 8-unit apartment building offers a well-balanced suite mix: 5 one-bed units, 1 one bed + den, 1 two-bed + den, and 1 three-bedroom. Each unit is thoughtfully designed with modern finishes, efficient layouts, in-suite laundry and individual hydro meters—supporting ease of management and broad tenant appeal. Several units currently rented below market, presenting clear upside in future rental income. With updated building systems and low-maintenance construction, this turnkey property is well positioned for long-term, stable returns. Located just steps from groceries, dining, schools, parks, and the ocean, the walkable setting ensures consistently high occupancy and future appreciation. A prime opportunity to acquire a high-performing, income-producing asset in one of the Saanich Peninsula’s most vibrant communities.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- CS Brentwood Bay, Central Saanich
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 9,142 sq. ft.849 m2
- Taxes:
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- Building Features:
- Basement, Parking
- Construction:
- Cement Fibre, Insulation All, Stone, Wood
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Number of Storeys:
- 3
- Ceiling Heights:
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- Floor finish:
- Laminate, Mixed
- Total Building Area:
- 6,960 sq. ft.647 m2
- Leasable Area:
- 6,960 sq. ft.647 m2
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
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- Balcony, Balcony/Deck, Balcony/Patio, Fencing: Partial, Low Maintenance Yard
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- District of Central Saanich
- Legal Description:
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- Lot Site Features:
- Easy Access
- Parking Features:
- On Site
- Total Parking Spaces:
- 8
- Business Type:
- Accommodation
- Total Units:
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- Date Listed:
- Aug 05, 2025
- Original Price:
- 2499900.0
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Listed by RE/MAX Camosun
Data was last updated August 11, 2025 at 10:05 PM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.