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  5. Empress

1015 Empress Avenue, Central Park Victoria

Price

$1,299,000

Bedrooms4 Beds

Bathrooms3 Baths

Size3470 sqft

Year Built1910

Property TypeDetached Home

Property Taxes$5,915.04

Description

This 1910 legal up-and-down duplex offers a two-bedroom unit on the main floor, a two-bedroom unit on the upper floor, plus an additional two-bedroom suite on the lower floor. There are grain fir floors throughout the main and upper units, with thin-strip oak floors in the entrance foyer. Many of the windows on the main floor are stained glass. There is a gas service to the stoves on the main and upper units. All wiring has been updated with two 200-amp services feeding 3 panels, including an underground feed to the detached garage. There are three separate hot water tanks. The perimeter drains were recently done, and the roof was replaced 10 years ago. There is the original, beautiful double-drop wood siding beneath the asphalt shingle siding. It would be a good project to restore the exterior to its former era. A short walk to Crystal Pool and Athletic Park. Central to transit, schools and shopping. Floor measurements are approximate; please verify if important. (id:39198)

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Listed By

The listing brokerage and/or agent is RE/MAX Camosun

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

$5,160 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,039,200

Total Interest Payments

$640,731

Total Payment (Principal + Interest)

$1,679,931


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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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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

735 Humboldt St, Victoria, BC V8W 1B1

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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