Price
$1,250,000
Bedrooms3 Beds
Bathrooms3 Baths
Size2947 sqft
Year Built1976
Property TypeDetached Home
Property Taxes$4,268.93
Welcome home to 740 Mann Avenue. This thoughtfully updated single-family home sits in one of the city’s most desirable neighbourhoods. Perfect for families prioritizing education and investors seeking additional income, this property offers the best of both worlds. Upstairs, you'll find 3 well-appointed bedrooms, 2 bathrooms and new eat-in kitchen! Step outside the kitchen onto an expansive deck over-looking the flat backyard. Downstairs is a legal 3 bedroom suite, currently capturing $2700/ month in rent. The home also features a newer roof, windows, deck, heat pump, 200 amp electrical panel and freshly paved driveway with parking for 5+ vehicles. An exceptional value in today's market. Make it yours today! (id:39198)
The listing brokerage and/or agent is Oakwyn Realty Ltd.
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.
$4,847 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,000,000
Total Interest Payments
$616,561
Total Payment (Principal + Interest)
$1,616,561
$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.