INVESTOR ALERT!! Turnkey ¼ share ownership opportunity in the premier Fairways Hotel located at the prestigious Bear Mountain Resort. Within walking distance of restaurant, spa, pool, gym, tennis, hiking trails and two world class Jack Nicklaus designed golf courses, it’s a great getaway for year-round enjoyment in a beautiful natural setting. Earn a revenue stream without being a landlord and stay up to 13 weeks a year in this professionally managed complex. It’s a great home base for day trips to discover Vancouver Island and just 25 minutes drive to downtown Victoria and the Inner Harbour. This unit is one of the few with an absolutely massive patio deck; over 650 sq. ft. with a southwest exposure; great for special occasions with friends or family. This offering includes two suites; a one-bedroom king with full kitchen, two baths plus a separate self-contained two queen bed studio with kitchenette and full bath and an option to connect the suites. Generally, the floor plan layout of the majority of the suites are very much alike or mirror images; the exception being an end unit location (like this one) where there is a bank of windows on two walls allowing natural light to be invited into this space by simply drawing open the window coverings. Whether you want to purchase here as an investor and leave the unit in the rental pool year round or benefit from some mini holidays exploring Victoria and Vancouver Island (for up to 13 weeks per year), this investment can save you money and make you money at the same time. Note: due to prior booking arrangements, some photos shown are of a similar suite as all suites in the hotel are furnished similarly. As a result, the subject property may not be available in which case an alternate non-occupied suite will be shown, depending upon availability on the date of viewing. If viewing this exact unit is important, prior arrangements with the hotel will have to be made in advance. Contact your realtor to do so. (id:2493)
Data was last updated May 5, 2025 at 06:45 PM (UTC)
Area Statistics
Listings on market:
136
Avg list price:
$1,392,400
Min list price:
$40,000
Max list price:
$4,750,000
Avg days on market:
46
Min days on market:
3
Max days on market:
303
Avg price per sq.ft.:
$632.35
These statistics are generated based on the current listing's property type
and located in
Bear Mountain. Average values are
derived using median calculations.