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2651 Cedar Hill Road, Oaklands Victoria

Price

$1,224,000

Bedrooms4 Beds

Bathrooms3 Baths

Size3894 sqft

Year Built1913

Property TypeDetached Home

Property Taxes$5,863.07

Description

Unlock the potential of this legal triplex in Victoria’s sought-after Oaklands neighbourhood. Nestled on a peaceful, tree-lined street Brimming with character and showcasing views of the Olympic Mountains, this property is an exceptional find for savvy investors or those seeking flexible multi-generational living. Set on a spacious lot, the home offers two well-designed 1-bedroom suites on the main floor, ideal for rental income or extended family. The upper-level 2-bedroom suite features a stylish open-concept kitchen—perfectly updated for modern living. Each unit is self-contained, offering privacy and strong rental appeal. The gorgeous backyard has space for gardening, children, or pets or relaxing. Just minutes from Fernwood Village, parks, transit, and top-rated schools, this is a prime location with strong tenant demand. Whether you live in one unit and rent the others this is a turnkey opportunity with serious income upside in one of Victoria’s most beloved communities. (id:39198)

Listed By

The listing brokerage and/or agent is Pemberton Holmes - Westshore

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

$4,886 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$979,200

Total Interest Payments

$603,737

Total Payment (Principal + Interest)

$1,582,937

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

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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

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home