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  5. Princess

841/839 Princess Avenue, Central Park Victoria

Price

$980,000

Bedrooms4 Beds

Bathrooms2 Baths

Size3136 sqft

Year Built1936

Property TypeDetached Home

Property Taxes$5,692

Description

RARE two-family home opportunity bordering downtown Victoria and Quadra Street Village. For less than the price of two condominiums, this freehold, NO-strata-fees opportunity presents A-NO-BRAINER. Located by the Crystal Pool and Fitness center, Steve Nash Courts, an outdoor fitness area, tennis courts, multiple play parks, Royal Athletic Park, Save on Foods Memorial Arena right out your back door, and so much more! You will love the coffee shop at the end of Princess Ave. at Quadra St. This solid 1936 side-by-side duplex has 2 bedrooms on the main level and a developable basement on each side. Natural gas heating and a cozy fireplace as well. Each side is separately metered: water, electrical, and gas (INVESTORS TAKE NOTE). Many character features and hardwood flooring with inlays. Some recent upgrades include furnace and electrical, new chimneys, and a roof in 2007. Please ask about current DEVELOPMENT OPPORTUNITIES, with a creative plan, up to six strata units could be built here. (id:39198)

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Listed By

The listing brokerage and/or agent is Royal LePage Coast Capital - Oak Bay

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

$3,995 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$784,000

Total Interest Payments

$483,384

Total Payment (Principal + Interest)

$1,267,384


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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Engel & Võlkers Vancouver Island

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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