





Price
$1,175,000
Bedrooms2 Beds
Bathrooms1 Baths
Size2745 sqft
Year Built1910
Property TypeDetached Home
Property Taxes$6,046
Prime Fernwood Opportunity! Enjoy the benefits of this bright 3 bedroom family home today AND its Potential Future Development! Fernwood is a charming and eclectic neighborhood with diverse eateries, independent shops, Belfry Theatre, Fernwood Community Centre, parks (Fernwood Square), public transit and bike lanes (to connect to downtown Victoria, Willows Beach, dog park & tennis courts nearby). Spacious rooms throughout include a 13'x12' primary bedroom with an adjacent 10'x5' sitting room, 19x13' dining room, 13'x16' living room and a 17'x13' eat-in kitchen that leads to an east-facing 15'x8' deck. The walk-in closet was a 2 piece ensuite (bath tub and sink). In a quiet neighborhood, within a short walk to the corner store and Jubilee Hospital, features include forced air gas heating, 9 year old roof, gas hot water tank, fully fenced yard, detached garage, some new flooring, mature fruit trees (apple, cherry, plum, pear) and raspberries. Situated on a 6,885 sq.ft. lot, this home was recently incorporated into the City's New ''Zoning Modernization'', GRD-1 (General Residential District) -''Lot with less than 3 Dwelling Units'', which allows for the potential development of a Garden Suite and/or Basement Suite, dependent on the City of Victoria's Approval of Plans, Permits and any other requirements. Buyer to do their own due diligence and make their own enquiries. Don't miss this unique property offering diverse options! (id:39198)
The listing brokerage and/or agent is Sutton Group West Coast 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.
$4,725 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$940,000
Total Interest Payments
$579,568
Total Payment (Principal + Interest)
$1,519,568
$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.