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3883 Douglas Street, Swan Lake Saanich

Price

$999,000

Bedrooms4 Beds

Bathrooms2 Baths

Size2246 sqft

Year Built1923

Property TypeDetached Home

Property Taxes$4,728

Description

Ready to be restored to its full character and awaiting your vision - Discover the potential of this unique property in the heart of Swan Lake. 10301 sqft lot. Featuring 6 bedrooms & 2 bathrooms, including a functional 2-bedroom in-law suite – ideal for rental income or extended family living. From the upper floor(s), enjoy a beautiful water view overlooking Swan Lake, adding a special touch of natural beauty to the home and wood floors throughout the main. RS-6 zoning, central location, with close proximities to schools, shopping, transit, and major amenities position this property as a smart long-term investment. Whether you’re seeking a renovation project, an income-generating home, a redevelopment (buyer to verify) opportunity, or you're a first-time home buyer, this property offers flexibility, potential and incredible opportunity to build value in one of Greater Victoria’s most connected corridors. (id:39198)

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Listed By

The listing brokerage and/or agent is Macdonald Realty

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

$3,983 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$799,200

Total Interest Payments

$492,756

Total Payment (Principal + Interest)

$1,291,956


Discuss Your Options With Us Today

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

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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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The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions