Western Investor is famous for the breadth of its commercial real estate listings. It is perhaps the only publication in Canada where investors can find a high-rise office tower, a remote waterfront lodge, a golf course, an industrial warehouse or a small-town bowling alley for sale within its pages.
We often have unique listings and these stood out this month.
• The Montague Harbour Marina on Galiano Island, B.C. has 2,000 lineal feet of moorage and comes with full marina fuelling and services, a restaurant, a general store and extensive boat rentals. It also has an additional 2.4 acres of waterfront and other upland for expansion. The price has been reduced by nearly $500,000 to $3.2 million, according to listing agent Allan Johnson of Colliers, Vancouver.
• The Chitec Lake Golf Course, Chitek Lake, Saskatchewan, is available for about the cost of a Vancouver condo apartment. It is a popular executive par-36 course with nine holes that covers 80 acres. The deal comes with all equipment and inventory included, and a 2,160-square-foot home for the owner, with an attached club house. It is offered at $799,900 by Heather Sarrazin of Re/Max North Country in Saskatoon.
• Southview Gardens, on East 58th Avenue, Vancouver, is a 6.58-acre residential redevelopment site that is being sold under court order as part of the Coromandel Properties receivership settlement. It currently houses a 16-building, 140-unit multi-family rental complex. There is no price with the listing, but Coromandel had defaulted on three mortgages totalling $80 million linked to the property. It is listed on behalf of receiver KVS Restructing Inc. by Tony Quattrin and Carter Kertzner of CBRE Ltd., Vancouver.
