

Price
$2,150,000
BedroomsNot listed
Bathrooms1 Baths
Size1320 sqft
Year Built1942
Property TypeDetached Home
Property Taxes$4,153.13
**Developer/Investor Alert!** Seize this rare and highly anticipated opportunity to invest in one of the first assembled mid-rise development sites under the UpTown/Douglas land-use policy. This prime site is perfectly positioned for a 4-6 storey mid-rise condo building or even an 8-storey development with commercial potential on the Carey Road side. Situated in a highly coveted location, the property offers unparalleled access to hundreds of amenities, including Uptown Shopping Center, Whole Foods, popular restaurants, and convenient public transit. This offering is sold in conjunction with the adjoining property at 3813 Carey rd, making it a comprehensive investment for visionary developers. Don't miss your chance to capitalize on this exceptional opportunity! (id:39198)
The listing brokerage and/or agent is eXp 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.
$8,070 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,720,000
Total Interest Payments
$1,060,485
Total Payment (Principal + Interest)
$2,780,485
$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.