About this home
Around 6.5% ROI YEARLY & Hotel Manages Everything! Amazing 1/4 quarter share opportunity to own in the Premier Fairways Hotel on the Mountain. Set at the base of Mt. Finlayson, your investment includes 1552 sqft; 1 bdrm/2 bath suite featuring a full kitchen, fireplace, PLUS adjoining 1 bdrm/1 bath with kitchenette lock-off. The building is on the Fairway of the 1st hole of one of two Jack Nicklaus designed golf courses. Just steps away from specialty shops, clubhouse, spa facilities, and restaurants. Sports enthusiasts enjoy the latest technology covered CLAY TENNIS COURTS, Mountain biking trails, Bear Mountain Activity Centre (gym & pool), and direct access to the very popular Mt. Finlayson for HIKING TRAILS. Only a 25 minute drive to Victoria’s downtown core. If the owner is not occupying it, the unit is rented as hotel rooms with revenue back to the owner (managed by hotel staff). Pictures are of similar unit in building. (id:67468)
Property details
- Property type
- Condo
- Structure
- Apartment
- Ownership
- Timeshare/Fractional
- Neighbourhood
- Fairways
- Year built
- 2004
- Living area
- 1,552 sq ft
- Parking spaces
- 1
- Parking
- Underground
- Heating
- Baseboard heaters, Electric
- Cooling
- Air Conditioned
- Fireplaces
- 1
- Lot size
- 1,552 sq ft
- Zoning
- Residential
- Strata / association fee
- $203.72 / monthly
- Annual property taxes
- $312.75
- View
- Mountain view
Room sizes
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 2-Piece |
| Balcony | Main level | 6 × 10 feet |
| Bathroom | Main level | 4-Piece |
| Bedroom | Main level | 17 × 11 feet |
| Dining room | Main level | 10 × 12 feet |
| Entrance | Main level | 13 × 5 feet |
| Ensuite | Main level | 4-Piece |
| Balcony | Main level | 6 × 13 feet |
| Living room | Main level | 15 × 11 feet |
| Kitchen | Main level | 10 × 8 feet |
| Primary Bedroom | Main level | 21 × 11 feet |
| Dining room | Main level | 9 × 4 feet |
| Entrance | Main level | 3 × 8 feet |