Price
$949,000
Bedrooms2 Beds
Bathrooms2 Baths
Size2427 sqft
Year Built1915
Property TypeDetached Home
Property Taxes$4,122
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)
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.
$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
$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.