1363 Johnston Rd, White Rock
A Boutique view building opportunity in the heart of White Rock, BC, Canada
Amazing opportunity to buy and build a small scale mixed use boutique building project in the heart of downtown White Rock. This could be a retirement project for someone to live in a penthouse and rent out a fully stratified building which could easily be sold individually in the future. Or for someone transitioning from single family construction to multifamily. Or maybe a great CMHC rental project for experienced players. 3rd reading done for a 4 story mixed use boutique building - 1 commercial, 8 two bed condos and 2 three bed penthouses all with ocean views. Buildable area approx. 15,500 sq.ft. Zoned CR-2. BC Assessment as is for just the raw land is $2,752,300!
Property Overview
Explore our detailed property page featuring visual uploads, document libraries, and project highlights for informed decision-making.
Location
1363 Johnston Rd, White Rock
Status
3rd reading approved
BC Assessment
$2,752,300
Potential CoC return
$2,200,000
Acquisition price
30%
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