I have sold a property at 306 1050 BRAIDWOOD Rd in Courtenay on Apr 18, 2024. See details here
Opportunity for real estate investors! 306-1050 Braidwood Rd offers a well-kept 2-bedroom condominium, featuring new paint throughout, storage, and newer laminate floors. The building has a proposed building envelope remodel planned which is why this condominium is priced so low. With an appraised value post building renovation of $295,000 (as per D.R. Coell & Associates Valuation Date March 1, 2023), there is an opportunity to buy-in, and realize the gains once the project has been completed. With an annual return estimated at 7%+ of the purchase price, and a possibility of a substantial lift in value after the building re-model, this may appeal to some investors.
