412 Gamble Place, Colwood Corners Colwood
Price
$799,900
Bedrooms3 Beds
Bathrooms2 Baths
Size2322 sqft
Year Built1971
Property TypeDetached Home
Property Taxes$4,211.46
Description
uilt in 1971, this sturdy home is fairly original, making it ripe for the new owners renovation and decorating ideas. Most of the windows have been replaced with efficient vinyl thermal pane units. There are 3 generous sized bedrooms on the main floor with beautiful hardwood floors. The mainly unfinished basement provides for over 730 sq.ft. of additional future living space. Conveniently located next to parks and trails for outdoor activities, and within walking distance to shopping, restaurants and recreational facilities. While the current R1 zoning only allows for one dwelling with a secondary suite on this property, the City of Colwood is in the process of revising their land use bylaws to be complaint with the Province's Homes for People Action Plan, Bill 44 by the end of the year enabling small scale multi-unit housing on most lots. This would potentially allow 4 units to be created or built on this Property. (id:39198)
Listed By
The listing brokerage and/or agent is Newport Realty Ltd.
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$3,225 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$639,920
Total Interest Payments
$394,550
Total Payment (Principal + Interest)
$1,034,470
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.
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