2512 Fernwood Road, Fernwood Victoria
Price
$1,795,000
Bedrooms4 Beds
Bathrooms5 Baths
Size4230 sqft
Year Built1913
Property TypeDetached Home
Property Taxes$7,437.28
Description
Great fully updated holding 4 or 5plex in the Heart of Fernwood. ''Local Village'' in new OCP. 1913 character home offers flexible options w/ fully updated suites in the vibrant Fernwood community— steps from dining, shopping, & entertainment. Walking distance to Royal Jubilee Hospital, Hillside Mall, & downtown Victoria. Over 4,000sq' on a tree-lined street with excellent off-street parking. Large main floor unit w/ 2/3 bedrooms,2 baths (or can be configured as 2 - 1bed 1 bath units).1-1 bed/1bath,1-1 bed+den/1 bath & 1-1 or 2 bed/1 bath. Updated kitchens & bathrooms, new appliances throughout. Coin op laundry, electrical & plumbing upgrades, new LED lighting, flooring, and fresh paint inside and out. Natural gas central heat, new furnace & BBQ hookup. New exterior siding, and front entry, leased out workshop with power. Common BBQ area with pergola, fenced dog area, and new concrete work. Emergency stairs, basement egress windows, and upgraded drainage. Prime investment opportunity in one of Victoria’s most desirable neighborhoods! (id:39198)
Listed By
The listing brokerage and/or agent is NAI Commercial (Victoria) Inc.
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
$7,069 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,436,000
Total Interest Payments
$885,382
Total Payment (Principal + Interest)
$2,321,382
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
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.