1,2,5-2061 Malaview Ave West, Sidney, BC, V8L 5X6

Investment For Sale In Sidney, British Columbia

$2,800,000

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1,2,5-2061 Malaview Ave West, Sidney, BC

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1,2,5-2061 Malaview Ave WEST, Sidney, BC, V8L 5X6

$2,800,000

Property Information:

A great opportunity to acquire three industrial strata units at 2061 Malaview Ave W. These three units represent 50% of the total units in the complex and a 66% interest in the entire strata property. The three units are well cared for and fully leased to long-term tenants. The entire strata property sits on nearly 30,000 sq ft of land in the West Side Industrial Area, which provides easy access to BC Ferries, the International Airport, Sidney and Victoria. The units have approximately 10,685 sq ft of interior space and 30 combined designated parking spaces for the three units, and the complex is easily accessible via Malaview Ave W. and a rear laneway. Each unit has grade-level Bay doors (12ft & 14ft) and full-height mezzanines, allowing the spaces to accommodate a wide variety of businesses under the M1 zoning. The Leases are all leased under market and the property has a significant upside on renewals. The property is easy to view.

Property Features:

Annual Tax Amount: $14,757
Built in: 1986
Floor Space (approx): 10685 Square Feet
Ownership: Freehold/Strata
Parking Features: On Site
Property Sub Type: Industrial
No. of Parking Spaces: 30

Courtesy of: Pemberton Holmes Ltd.

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.

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Location of 1,2,5-2061 Malaview Ave WEST, Sidney, BC, V8L 5X6

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

21 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

21 hot days expected in 2050

27/100

Moderate-Low

ClimateCheck®

Current data

This property, 1,2,5-2061 Malaview Ave WEST, experiences 7 hot days per year at around 28.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 21 hot days at 31.1 degrees Celsius.

Projected Avg. Temperature

Past

28.1℃

2050

31.1℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

88/100

High

ClimateCheck®

Current data

This property, 1,2,5-2061 Malaview Ave WEST, experiences 12 significant 2-day storms per year, with about 506.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 583.8mm of precipitation per year.

Precipitation Per Storm

Past

506.8mm

2050

583.8mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1,2,5-2061 Malaview Ave WEST, Sidney, BC, V8L 5X6

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$115,265.80

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.09 %

High school certificate or equivalent

31.39 %

Apprenticeship trade certificate/diploma

11.08 %

College/non-university certificate

27.42 %

University certificate (below bachelor)

2.56 %

University Degree

16.46 %

Commuter

Travel To Work

By Car

84.16 %

By Public Transit

0.73 %

By Walking

7.17 %

By Bicycle

3.68 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.84 %

Houses

99.16 %

Own Vs. Rent

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Property Information:

Property Features:

Location of 1,2,5-2061 Malaview Ave WEST, Sidney, BC, V8L 5X6

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1,2,5-2061 Malaview Ave WEST, Sidney, BC, V8L 5X6

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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