





Price
$1,898,000
Bedrooms3 Beds
Bathrooms4 Baths
Size4203 sqft
Year Built1987
Property TypeDetached Home
Property Taxes$8,567.99
Wedgewood Point Opportunity – Prime Location with Loads of Potential Located on a quiet cul-de-sac in prestigious Wedgewood Point at Ten Mile Point, this 5-bedroom executive family home presents a rare opportunity to own in one of Victoria’s most sought-after coastal neighbourhoods. Though the home requires significant updating and is being sold as is, it offers tremendous potential with its spacious layout, prime location, and solid bones. The main floor boasts an open-concept kitchen with an oversized island that flows into formal living and dining areas. Features include built-ins, cherrywood flooring, and French doors opening to a west-facing deck that captures afternoon sun. Large windows flood the home with natural light throughout the day. Upstairs, you’ll find three well-sized bedrooms, including a generous primary suite with a walk-in closet, dressing area, and ensuite. The walk-out lower level includes two more bedrooms, a 3-piece bath, and a cozy family/media room with a gas fireplace—ideal for extended family, guests, or a future suite conversion. Comfort is ensured year-round with a heat pump, while the fully fenced, level backyard offers space for gardening, kids, or pets. Though the property shows its age and will need work, the unbeatable location—just a short stroll to beaches, parks, trails, and Cadboro Bay Village—makes this a standout opportunity for buyers with vision. (id:39198)
The listing brokerage and/or agent is Fair 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.
$7,533 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,518,400
Total Interest Payments
$936,187
Total Payment (Principal + Interest)
$2,454,587
$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.