





Price
$995,000
Bedrooms2 Beds
Bathrooms2 Baths
Size2082 sqft
Year Built1949
Property TypeDetached Home
Property Taxes$3,460.93
Incredible Coastal Opportunity – Redevelop or Refresh with Ocean Views! Discover the potential of this exceptional property, perfectly positioned just steps from the ocean. Whether you’re ready for a full redevelopment or a thoughtful renovation, this is your chance to create your dream coastal retreat with stunning ocean views. The main residence features a well-appointed kitchen with high-end cabinetry and stainless steel appliances, offering a solid foundation for modernization or expansion. The auxiliary structure provides excellent potential—add a kitchen and shower to transform it into an in-law suite, guest suite, or comfortable living quarters while your new home is under construction. The spacious lot offers a sense of privacy with mature landscaping and trees, creating a peaceful, scenic setting. Don’t miss out on this rare “pearl in disguise”—a remarkable opportunity to craft your dream home in one of the most desirable seaside locations! (id:39198)
The listing brokerage and/or agent is Pemberton Holmes Ltd.
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.
$3,863 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$796,000
Total Interest Payments
$490,783
Total Payment (Principal + Interest)
$1,286,783
$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.