





Price
$1,487,777
Bedrooms2 Beds
Bathrooms2 Baths
Size2423 sqft
Year Built1940
Property TypeDetached Home
Property Taxes$5,840
INVESTOR OPPORTUNITY! A rare chance to build or develop up to 4 units under SSMUH guidelines in the heart of scenic View Royal. This 14,850 sq ft southeast-facing lot in tranquil Limekiln Cove offers unmatched ocean views of the Olympic Mountains and Fisgard Lighthouse. Imagine launching your kayak just steps from your future private dock (to be built), or enjoying sunrise coffees as the water sparkles below. Set on a quiet, tree-lined street, this prime location is minutes to downtown Victoria, Vic General Hospital, Eagle Creek Village, schools, and the Galloping Goose Trail. Recent site remediation is already complete—just bring your plans. Whether you're dreaming of a stunning custom oceanfront home or a smart multi-unit development, this property offers endless potential in one of Greater Victoria’s most desirable coastal enclaves. Don’t miss this rare opportunity to create something extraordinary on the water—opportunities like this don’t come twice. (id:39198)
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.
$5,832 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,190,222
Total Interest Payments
$733,845
Total Payment (Principal + Interest)
$1,924,066
$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.