3199 Gibbins Road, West Duncan Duncan
Price
$785,000
Bedrooms4 Beds
Bathrooms3 Baths
Size2361 sqft
Year Built1940
Property TypeDetached Home
Property Taxes$4,493
Description
INVESTOR ALERT! Exceptional self-supporting investment property offering multiple income streams or a spacious 5-bedroom family home—the choice is yours! This unique 3-level home is thoughtfully laid out and a must-see to fully appreciate its versatility and charm. Enjoy a massive covered patio, perfect for BBQs and entertaining, plus multiple decks for added outdoor living. The lower level features a modern open-concept studio suite with an updated 3-piece bathroom—ideal for in-law accommodation, AirBnB, or rental. Bonus income potential continues with a detached studio with its own private entrance, a full 4-piece bathroom, and endless possibilities: think home-based business, yoga/art studio, or guest rental. Tucked away from the main road down a quaint driveway, the property offers privacy and quiet. The fenced front yard is perfect for kids and pets, while the second yard features a charming treehouse and open green space. Located close to parks ( one right by the end of the driveway) , hospital, bus stop and shopping. Whether you're looking for a lucrative rental investment (potential for $5,600+ monthly income) or a multifunctional family home with mortgage helpers, this property offers incredible flexibility and income potential. Basement is prepped for additional space to be used if needed and/or one bedroom suite. Come explore the possibilities—this is the opportunity you've been waiting for! Please call or text Andrea for inquiries at 250-616-4814, email to Andrea@AgentAndrea.com (id:39198)
Listed By
The listing brokerage and/or agent is eXp Realty (NA)
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$3,195 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$628,000
Total Interest Payments
$387,201
Total Payment (Principal + Interest)
$1,015,201
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
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Comber Friesen Group
Realtors
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Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.