$5,988,000

11211 BRIDGEPORT Road, Richmond V6X1T3

11,105 Sq Ft Built 1988

Detached

Listed by: RE/MAX Lifestyles Realty (Langley).

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Description

Rare opportunity to acquire a freestanding, multi-unit building totaling 11,105 sq ft, situated on a 17,425 sq ft lot with 132 feet of frontage along busy Bridgeport Road, just east of Shell Road. The property is fully leased, making it an excellent investment opportunity, with potential for future owner-occupier use as leases expire. Current rental rates are below market, offering strong upside and significant income growth potential. Property may be purchased by way of a Share Sale as well. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Annual Taxes: $56,420

Lot Size: 17425.0

Property Details

Property Type	Detached
Sub Type	Industrial
Living Area	11,105 sq ft
Lot Size	17,425 sq ft
Year Built	1988
Listing ID	C8079179

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11211 BRIDGEPORT Road, Richmond
MLS® C8079179 · $5,988,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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