1181 Stelly's Cross Rd.

$2,499,900

Multi Family located in Central Saanich - CS Brentwood Bay, V8V 4X3

sqft, Beds, Baths
MLS #1009134 Listed by Matt PeulenRE/MAX Camosun
  • Listed On: August 5, 2025
  • Type: Commercial Sale
  • Exterior Features: Balcony, Balcony/Deck, Balcony/Patio, Fencing: Partial, Low Maintenance Yard,
  • Heating: Baseboard, Electric,
  • Flooring: Array
  • Foundation Details: Concrete Perimeter,
  • Lot Size: 0.21 acres
  • Total Parking: 8
  • Parking Features: On Site,
  • Features: Easy Access,

Description

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.

Location

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