Price
$869,000
Bedrooms2 Beds
Bathrooms2 Baths
Size2038 sqft
Year Built1918
Property TypeDetached Home
Property Taxes$6,822
Updated & beautifully maintained commercially-zoned building w/ a storefront & reno'd residence offering the perfect work/live opportunity. Located in historic downtown Ladysmith, this charming property features store frontage w/ fantastic exposure at one of the towns busiest intersections w/ lots of street parking. Spacious 3 story residence located is conveniently behind/above the storefront making this space extremely flexible should a new owner want to adjust the floor plan to suit their needs. Main floor features an open-concept kitchen & living space w/ high ceilings that opens to the back garden. Downstairs you'll find a generous primary bdrm that could be converted to add'l living/work space & also incl an expansive laundry area + storage room w/ potential for an additional bathroom. Top floor boasts some ocean views, 2 good sized bedrooms, a 4-piece bathroom & extra living space w/ a kitchenette, which can easily be converted to a 4th bdrm. This space flows out onto its own deck & private entrance making it ideal for guests or in-laws, or generating rental income. Private rear yard feels like an oasis including a shed, garden, spacious outdoor deck, covered patio & fully fenced yard creating a peaceful & inspiring atmosphere w/ flexibility to add additional parking or a garage if desired. All the hard work has already been done to this tastefully updated building, including: renovated kitchen, bathroom, & laundry room, new appliances, restored original hardwood floors, new fixtures, new windows & sliding doors, soundproofing, upgraded plumbing, decking & fencing & so much more. Floorplan provides flexibility to increase/decrease the store/residence space w/ ease. Located near some of the warmest water beaches on Van Isle, this is a spectacular location. Inventory/business is available to purchase.Call/email Sean McLintock for add'l info 250-729-1766 or sean@seanmclintock.com (Measurements approximate). (id:39198)
The listing brokerage and/or agent is REMAX Professionals
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.
$3,691 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$695,200
Total Interest Payments
$428,634
Total Payment (Principal + Interest)
$1,123,834
$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.