For Sale: 3915 Selkirk Avenue, Powell River, BC - REW
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$1,500,000
18 bd • 12 ba • 7500 sf • Fourplex
3915 Selkirk Avenue
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$1,500,000
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3915 Selkirk AvePowell River, BC, V8A 3C5

  • 18 Bed
  • 12 Bath
  • 7500 Sqft
  • Fourplex

About this home

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:63626)
Listed by: Robert Henderson, Oakwyn Realty Ltd.

Home facts and features

Price details
List Price
$1,500,000
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Gross Taxes for 2026
$12,076
Home facts
Bedrooms
18
Full Bathrooms
12
Parking Spaces
6
Property Type
Fourplex
Lot Size
120 ft x 0 ft (27356 ft²)
Depth
Frontage
120.0 feet
Year Built
Built in 1965 (61 yrs old)
Title
Freehold
Heating Type
Baseboard heaters, Natural gas, Other
Features
Southern exposure
Agent details
Primary Agent
Primary Broker
Oakwyn Realty Ltd.
Listing details
Days on REW
125 Days
Property Views
188
MLS® Number
19779
Source
Canadian Real Estate Association
Board
Powell River Sunshine Coast Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Westview Elementary School
  • Public
  • K - 7
Powell River Christian School
  • Independent
  • K - 9
Assumption School
  • Independent
  • K - 9
L’école Côte-du-soleil
  • Public
  • K - 9
Ecole Cote du Soleil
  • Public
  • K - 9
Edgehill Elementary School
  • Public
  • K - 7
Brooks Secondary School
  • Public
  • 8 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Robert Henderson
Phone:
778-772-5222
Office:
604-630-7233
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