3915 Selkirk Ave Powell River, British Columbia V8A 3C5
$1,500,000
Turnkey 6-unit multifamily investment on a large 27,355 sq ft corner lot with strong income & exceptional future upside. This well-maintained property consists of six spacious 3-bedroom, 2-storey rowhome-style units (approx. 1,250 sq ft each), all fully tenanted and generating $7,715/month. It has been operated as a passive investment, with professional management in place, offering a low-maintenance, hands-off ownership structure. What sets this property apart is the significant development potential. Approximately 8,000 sq ft of excess land remains underutilized, with preliminary support from the City of Powell River Planning Department for potential subdivision and rezoning from RM2 to RM4--creating a rare opportunity for future density. Lower entry price vs. Vancouver properties and higher yield potential. Opportunity to combine cash flow + land appreciation + redevelopment. INCOME TODAY & DEVELOPMENT TOMORROW (id:63400)
Property Details
| MLS® Number | 19779 |
| Property Type | Single Family |
| Amenities Near By | Shopping |
| Features | Southern Exposure |
| Parking Space Total | 6 |
| Road Type | Paved Road |
Building
| Bathroom Total | 12 |
| Bedrooms Total | 18 |
| Constructed Date | 1965 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Other |
| Size Interior | 7,500 Sqft |
| Type | Fourplex |
Parking
| Other | |
| Other |
Land
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Shopping |
| Size Frontage | 120 Ft |
| Size Irregular | 27356 |
| Size Total | 27356 Sqft |
| Size Total Text | 27356 Sqft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Above | 4pc Bathroom | Measurements not available | ||
| Main Level | 2pc Bathroom | Measurements not available |
https://www.realtor.ca/real-estate/29925573/3915-selkirk-ave-powell-river
Robert Henderson
robhendsersonhomes.com/
#101 - 3151 Woodbine Drive
North Vancouver, British Columbia V7R 2S4
(604) 630-7233
(604) 620-7970
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June 18 2026 10:18:48
Powell River Sunshine Coast Real Estate Board
Oakwyn Realty Ltd.