





Price
$1,050,000
Bedrooms3 Beds
Bathrooms2 Baths
Size1553 sqft
Year Built1955
Property TypeDetached Home
Property Taxes$4,444
This upgraded 3-bedroom, 2-bathroom character home offers a versatile layout that perfectly suits everyone from young families to retirees. Blending modern luxury with incredible business potential, the property features a detached 18? studio that serves as the ultimate private space for a home office, creative sanctuary, or fitness studio. Following an extensive 2022 renovation, the home is equipped with a new gas heating system, tankless hot water, and a 220V EV charging station. The interior radiates a fresh, contemporary vibe with new composite wood flooring, a designer bathroom upgrade, and a cozy gas fireplace, while the kitchen has been fully refreshed with a new cooktop, microwave, and range hood. Its high-visibility location is ideal for home-based businesses, supported by a massive driveway with space for 3–4 cars plus dedicated boat or RV parking. Currently tenanted at $3,600/month, this property represents a turn-key opportunity to live, work, and invest in a prime location. (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.
$4,143 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$840,000
Total Interest Payments
$517,912
Total Payment (Principal + Interest)
$1,357,912
$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.