Price
$3,300,000
Bedrooms3 Beds
Bathrooms3 Baths
Size2476 sqft
Year Built1922
Property TypeDetached Home
Property Taxes$15,705.74
Rarely does waterfront like this come up for sale! Located on Hollywood Crescent, this 1922 character home presents a rare opportunity for visionaries and developers alike. With its east-facing rear yard, you’ll wake up to breathtaking sunrises over Gonzales Bay and Trial Island. While the home itself is in original condition, the potential is undeniable. Whether you choose to restore its historic charm or start fresh with a new build that maximizes the waterfront views, this property is ready for transformation. The 10,000+ square foot lot provides ample space for a stunning architectural build, blending modern luxury with waterfront living. Initial discussions with a local designer suggest potential for up to four dwelling units. This address offers the perfect balance of lifestyle and convenience - moments from the beach, local shopping and downtown. Don’t miss the chance to reimagine this incredible property—create your dream home in a location that truly speaks for itself. (id:39198)
The listing brokerage and/or agent is Alexandrite Real Estate Ltd.
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$13,164 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,640,000
Total Interest Payments
$1,627,721
Total Payment (Principal + Interest)
$4,267,721
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.