3117 Van Horne Rd
Vancouver Island · V9K1X3
$3,099,000
About this residence
ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important. (id:61366)
Property details
- Property type
- Other
- Style
- Commercial Mix
- Ownership
- Freehold
- Lot size
- 1.32
- Annual tax
- $10,541
- MLS®
- 1017846
- Board
- Vancouver Island
- Status
- Inactive
- Listed
- Oct 18, 2025
- Updated
- Dec 1, 2025
Financing
Estimated monthly payment
$14,493/mo
Loan amount
$2,479,200
Down payment
$619,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
Nearby
About the area
Census · V9K- 16,688
- Population
- 62
- Median age
- $75,500
- Median income
- $700,000
- Median home value
- 86%
- Home ownership
- 23 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 3117 Van Horne Rd?
3117 Van Horne Rd is listed for $3,099,000, in Vancouver Island.
What type of home is 3117 Van Horne Rd?
3117 Van Horne Rd is a Other, Commercial Mix.
How large is 3117 Van Horne Rd?
The home offers a lot measuring 1.32.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $14,493. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $10,541 per year.
What is the Vancouver Island area like?
Vancouver Island has a population of about 16,688, a median age of 62, a 86% home-ownership rate, with an average commute of about 23 minutes.
What is the average home value in Vancouver Island?
The median dwelling value in this area is approximately $700,000, based on census data via Neighbourly.
What is the median household income in Vancouver Island?
The median household income in this area is approximately $75,500.
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