1029 Queens Avenue, Central Park Victoria
Price
$1,450,000
Bedrooms4 Beds
Bathrooms2 Baths
Size2894 sqft
Year Built1921
Property TypeDetached Home
Property Taxes$6,355.4
Description
Investor and developer opportunity in Victoria’s Central Park area. This legal duplex sits on a 60 x 120 lot with a sunny, south-facing rear yard and a double garage, plus a layout that invites creative thinking. The duplex is heritage registered but not designated, opening the door to future options while keeping the character that buyers love. With the building positioned to one side, explore potential to stratify the existing home and consider a second duplex, or evaluate a missing middle style project. The main floor offers a vacant one bedroom suite with its own bath, ready for your tenant selection, and it has been rented as a two bedroom plan in the past. The upper suite features a three bedroom layout with one bath and is home to a long-term tenant planning to move in late fall 2026. 1920s charm meets key mechanical upgrades, with added value possible through basement development, garage accommodation potential, or full redevelopment. (id:39198)
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
$5,739 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,160,000
Total Interest Payments
$715,211
Total Payment (Principal + Interest)
$1,875,211
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
Comber Friesen Group
Realtors
Related Properties
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.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.