1044 Hillside Avenue, Hillside Victoria
Price
$2,750,000
BedroomsNot listed
BathroomsNot listed
Size6529 sqft
Year Built2010
Property TypeCommercial
Property Taxes$14,733
Description
Prime Location+Golden Opportunity=Hazlett Apartments at 1044 Hillside Ave! Possible assumable Mortgage at 2.99%. This revenue 8-Plex property(TWO 4-Plex buildings) with 5 separate strata titles presents an incredible value in respect to location, property condition and profit. The rear building was constructed in 2010&the front bldg was built in 1957 w/upgrades. Front bldg consists of Four 1 bed Suites, 4pc baths, spacious living area &Suite 3 is renovated w/open concept kitchen, new appliances &flooring and washer&dryer. The rear bldg consists of TWO 1 bed&1bath suites w/gas fireplace, open concept living and HWT; and TWO 2 beds&2.5 bath TWO level suites w/gas fireplace&stove, master bed w/ensuite & walk-in closet, washers&dryers. Common facilities include sun deck for gardening, 2 sets of washers&dryers, storage units, Suites&Visitor Parkings. Well maintained and managed property with stable tenants and great potential in profit increase. Owning a revenue property in an unbeatable location is just this easy! (id:39198)
Listed By
The listing brokerage and/or agent is DFH Real Estate Ltd.
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$11,107 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,200,000
Total Interest Payments
$1,356,434
Total Payment (Principal + Interest)
$3,556,434
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
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.