Acquire a centrally located, mixed-use investment property on Bowen Island
Opportunity
Avison Young is proud to present a rare opportunity to acquire 505-507 Bowen Island Trunk Road & 981 Artisan lane, Bowen Island, BC (the “Property”). Situated on over 7.5-acres of land, the Property features three rental apartment buildings housing 12 units, along with a commercial building boasting over 5,000 sf of rentable area. With exceptional access to surrounding amenities and Snug Cove Ferry Terminal, the Property provides investors a rare opportunity to capitalize on one of Bowen Islands few multi-family assets.
Property Highlights
Convenient location in Snug Cove, within walking distance of the ferry terminal
Exceptional access to surrounding amenities including local restaurants, parks, and Bowen Island Community School
One of the few multi-family assets on Bowen Island
Strong demand for rental accommodation with extremely low vacancy of 0.7% (Source: CMHC Market Rental Report, Fall 2023)
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