3176 Balfour Avenue, Burnside Victoria
Price
$899,900
Bedrooms4 Beds
Bathrooms4 Baths
Size2052 sqft
Year Built1994
Property TypeCondo/Townhouse
Property Taxes$3,564
Maintenance FeesNot listed
Description
Investor Alert! 3 suites producing at market rents and some of the best returns in the City! This fantastic investment property is located near all amenities and transit, making it an ideal home for prospective tenants. All suites currently rented to great tenants. The ground level contains a one bedroom plus den suite and a separate one-bedroom suite. A large 2 bedroom and 2-bathroom suite covers the upper level with a large walk out balcony. Recent upgrades include new countertops and integral sinks. There is also a new high efficiency condensing combination gas boiler supplying on demand hot water and in-floor hydronic heating. Along with having a double wide driveway with ample parking, the property is within walking distance of the Tillicum Shopping Centre and the Gorge Waterway and is very central to other amenities throughout Victoria including bus routes to UVIC and access to the Galloping Goose for cyclists. Reach out today to book your private viewing! (id:39198)
Listed By
The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate
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
$3,530 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$719,920
Total Interest Payments
$443,875
Total Payment (Principal + Interest)
$1,163,795
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
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.