





Price
$700,000
Bedrooms2 Beds
Bathrooms2 Baths
Size1876 sqft
Year Built1974
Property TypeCondo/Townhouse
Property Taxes$3,427
Maintenance FeesNot listed
Located an easy stroll from the newly opened university campus, this versatile half-duplex offers an exceptional blend of lifestyle and income potential. Designed with flexibility in mind, the property can function as a spacious single-family home or as two fully self-contained living spaces—ideal for generating rental revenue to offset monthly expenses. The upper level offers two bedrooms, a generous living area, an updated bathroom, and brand-new flooring (2025). Below, the bright lower suite expands the possibilities with two additional bedrooms, a large living room, and a beautifully updated kitchen featuring marble countertops and new appliances installed in 2023. An internal staircase connects both floors, allowing seamless use as one home or easy separation. Extensive improvements add peace of mind, including a new roof with added insulation, updated windows, a new hot water tank (2024), new washer and dryer, and thoughtfully refreshed outdoor spaces with a marble patio and landscaped yard. Tucked away on a quiet no-through road and backing onto Centennial Park, the home enjoys rare privacy and a peaceful, park-like setting. With no strata fees and the look and feel of a detached house, this property is surrounded by trails and green space while remaining close to everyday amenities—offering the best of both urban convenience and natural serenity. (id:39198)
The listing brokerage and/or agent is Pemberton Holmes Ltd. - 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.
$2,801 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$560,000
Total Interest Payments
$345,275
Total Payment (Principal + Interest)
$905,275
$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.