Price
$860,000
Bedrooms5 Beds
Bathrooms3 Baths
Size2581 sqft
Year Built1978
Property TypeDetached Home
Property Taxes$5,619.37
Nestled on a quiet cul-de-sac backing onto peaceful parkland, this setting is private and family-friendly. This property presents a rare chance to add significant value through construction. The main residence offers 5 bedrooms and 3 bathrooms, including a sunken living room with rock fireplace, vaulted ceilings, separate dining, and a spacious family room opening to a sunny deck. Plumbing is operational, with baseboards upstairs; the lower level currently has no heat except for portable heaters and the fireplace in the living room. A second home was moved onto the lot by Nickel Bros and sits on a finished foundation. However, this structure has no services connected, and the city has placed a stop order on it until it is either structurally secured or removed. An excellent opportunity for builders or investors ready to complete construction and unlock the full potential of this unique property. Call your realtor to book a viewing! (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.
$3,558 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$688,000
Total Interest Payments
$424,194
Total Payment (Principal + Interest)
$1,112,194
$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.