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  5. Finlayson

1321 Finlayson Street, Mayfair Victoria

Price

$949,000

Bedrooms2 Beds

Bathrooms2 Baths

Size2427 sqft

Year Built1915

Property TypeDetached Home

Property Taxes$4,122

Description

This well-maintained 4 bedroom, 2 bath home offers flexibility and strong income potential in a prime location—just minutes from Mayfair Mall, Hillside Mall, and essential amenities. Situated on a nearly 4,000 sq ft lot, the 1,958 sq ft home features two self-contained 2-bedroom suites, ideal for multigenerational living, rental income, or future development. Upstairs, you'll find a bright and spacious living and dining area, a large updated eat-in kitchen, and two good sized bedrooms. Step out to the back deck for easy access to the yard—perfect for entertaining or relaxing outdoors. Downstairs offers a separate 2-bedroom suite with kitchen, bright living space, and a full bathroom with a tub/shower combo. Recent updates include refreshed landscaping, updated fencing, and a newly finished back patio. With two off-street parking spaces and current month-to-month tenancies generating $5,200/month (with tenants open to vacating), this property offers excellent flexibility for both investors and owner-occupiers. An exceptional opportunity in a vibrant, central neighbourhood—don’t miss it! (id:39198)

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Listed By

The listing brokerage and/or agent is RE/MAX Camosun

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,753 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$759,200

Total Interest Payments

$468,094

Total Payment (Principal + Interest)

$1,227,294


Discuss Your Options With Us Today

Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Comber Friesen Group

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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.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions