14

White Rock Multi-Family Building for Sale $10,000,000 1520 Blackwood Street

Add to Collection
Share
Download
Print
Download
Get Directions
Estimate Payments
Summary
Status
Active

Estimate Payments

Address
1520 Blackwood Street
Size
20,654 SqFt
Listing Type
For Sale
Property Type
Multi-Family
Commercial Type
Freestanding

Photos

14

Highlights

Walking distance to all amenities
Recent building upgrades
20,654 SF lot with future redevelopment potential

Description

Blue Surf Holdings Ltd. is a well-maintained, three-storey wood-frame apartment building originally constructed in 1974 as a 27-unit rental property. In 1976, the building was converted to a non-profit company structure under Blue Surf Holdings Ltd. A total of 10,000 shares were issued at that time, with each suite assigned a specific number of shares based on square footage. All residents are shareholders, and ownership of shares is required to reside in the building— fostering a strong sense of community and pride of ownership among occupants. The property offers a diverse unit mix of 2 studio suites, 13 one-bedroom suites, and 12 two-bedroom suites. Main floor suites feature expansive walk-out patios, some reaching up to 1,200 sq. ft., while the second and third floors include comfortable walk-out balconies of approximately 50 sq. ft. Each level also provides dedicated storage lockers for shareholder use. Heating is supplied through hot water circulated via baseboard radiators, supported by two boilers. The building is copper-wired, with each unit equipped for 60-amp service. Fire safety is enhanced through sprinkler systems located in rooms and the parking level. Ideally situated within walking distance to a full range of amenities including: dental and medical offices, banks, pharmacies, grocery store, liquor stores, and public transit. Blue Surf Holdings Ltd. offers both convenience and community living in a well-established and managed environment. The building is improved on a large 20,654 SF site, zoned RM-2 with an Town Centre Transition designation in White Rock’s Official Community Plan (OCP).

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
Address 1520 Blackwood Street
City White Rock
Province BC
Area South Surrey White Rock
Zone BC
Sub-Area/Community White Rock
Nearest Town White Rock
Short Region Code Vancouver
Primary Property TypeMulti-Family
Interest In LandFreehold
Zoning/Municipal CodeRM-2
Land Size Sq. Ft.20654
Potential to Redevelop?No
Environ. Assessment Done?No
Reports AvailableNo
Building Type Freestanding, Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+), Residential Mix
Subject Space SqFt 20654
Year Built 1974
# of Bldg 1
# Storeys 3
Total # of Apts 27
Transaction Type For Sale
Sale Type Asset
List Price 10000000
Is this a Sublease? No
%

Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Contact

For more details, please contact our specialists.

Facebook
Twitter
Add to Collection
Share
Print
Download
Get Directions

Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

604 684 8844 · 701
[email protected]

Related Articles

 | 
5 Best
Article

Reasons to Bet on Multifamily Investments

5 Best Reasons to Bet on Multifamily Investments

 | 
First Quarter
Article

Multifamily Sales Down From Q1-2018

First Quarter Multifamily Sales Down From Q1-2018

Related Reports

Reports

Related Listings
 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

 | 
0

$10,000,000

string(59) "Multi-Family For Sale 1520 Blackwood Street, White Rock, BC"

Related Listings

Related Listings

Sold Listings

Sold
 | 
Business
9

Downtown Restaurant Business for Sale

$398,000

854 Denman Street, Vancouver, BC

20,654 SqFt

Sold
 | 
Business
1

Carpet/Flooring Business for Sale

$198,000

10452 Confidential, Richmond, BC

20,654 SqFt

Sold
 | 
Multi-Family
1

Surrey Countryside - 30 Detached Homes Sold

$26,500,000

7613 125th St, Surrey, BC

20,654 SqFt

Sold
 | 
Multi-Family
4

Surrey Duplexes (South Surrey & Crescent Beach)

$11,675,000

6221 Morgan Place, Surrey, BC

20,654 SqFt

Sold
 | 
Multi-Family
10

Surrey Countryside - 30 Detached Homes for Sale

$26,500,000

7613 125th Street, Surrey, BC

20,654 SqFt

Sold
 | 
Multi-Family
12

Multi Family For Sale

$549,000

1675 Highway 33, Rock Creek, BC

20,654 SqFt

Sold
 | 
Multi-Family
14

Multi Family Sold

$2,000,000

1000 Mesa Vista Court, Ashcroft, BC

20,654 SqFt

Sold
 | 
Multi-Family
5

Multi Family Sold

$2,388,000

7738 Hemlock Street, Mission, BC

20,654 SqFt

Sold
 | 
Multi-Family
10

Multi Family For Sale

$3,585,000

336 - 338 Agnes Street, New Westminster, BC

20,654 SqFt

Sold
 | 
Multi-Family
43

Multi Family Sold

$2,165,000

1427 Dog Creek Road, Williams Lake, BC

20,654 SqFt

Sold
 | 
Multi-Family
0

Multi Family Sold

$2,200,000

2313 Shuswap Avenue, Lumby, BC

20,654 SqFt

Sold
 | 
Multi-Family
29

Multi Family For Sale

$10,000,000

13245 104th Avenue, Surrey, BC

20,654 SqFt

Multi-Family News

Five Best Reasons to Bet On Multifamily Investment

Five Best Reasons to Bet on Multifamily Investments

July 16, 2023

“Multifamily investments, particularly those based on value-based strategies have been eyed by real estate investors for years. The successful execution of a multifamily investment offers excellent risk-adjusted returns compared to other classes of real estate. Knowing how to execute them is not easy, that’s why we specialize in multifamily investment – because we know what […]
Retire for the Price of a Condo? Here's how!

How to Retire for the Price of a Condo? Here's how!

May 31, 2023

Retire with the right investment for the same price Thinking of selling your home? Do you want to retire and make your money work for you? The decision is about how you utilize your money, what decisions you make, and how you can maximize its potential. Now you are thinking that you might want to […]

Western Investor - Chilliwack 2.4-acre industrial site sells for $5.5 million

July 23, 2021

Considered a record per-acre price for Chilliwack industrial, the site is zoned for service industrial on Progress Way. Property: Industrial Location: 44394 Progress Way, Chilliwack Size of property: 6,700 square feet (2 buildings) Size of land: 2.5 acres Zoning: M-I Industrial Sale price: $5.5 million Date of sale: March 31, 2021 Brokerage: Klein Group – […]

2021 BC Population, Geography, and Housing

July 7, 2021

Beautiful British Columbia's geography poses a challenge for housing. 2.4M out of 4.6M (54% of total) British Columbians lived in Greater Vancouver based on 2016 census. Geographically, Greater Vancouver only occupies 0.31% of British Columbia's land mass. Moreover, Greater Vancouver's growth is limited in three directions: mountains to the north, ocean to the west, and […]
magnifiercrossarrow-right