Price
$999,000
Bedrooms2 Beds
Bathrooms2 Baths
Size1465 sqft
Year Built1987
Property TypeCondo/Townhouse
Property Taxes$5,780.53
Maintenance FeesNot listed
Located next to Spinnakers Pub on the scenic Songhees Walkway, this strata duplex has served as a guest house and is now ready for new opportunities. Both the upper and lower units are available, offering flexibility under RJ-4 Mary (Transient Home) zoning. The upper suite is a spacious one-bedroom with vaulted ceilings, skylights, and ocean views. A second bed-sitting room with bath and coffee bar may be used as a rental, subject to city bylaws. The owner must occupy one of the suites but may rent out additional rooms with bathrooms short-term. Each unit includes driveway parking and two hot water tanks. The roof was replaced in 2017. No strata council is in place, as both units are currently owned by one party. This property offers versatility in a prime waterfront location just a 15-minute walk to the Inner Harbour and Empress Hotel. A rare chance to invest or live in a vibrant, amenity-rich neighbourhood. (id:39198)
The listing brokerage and/or agent is Macdonald Realty Victoria
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$4,071 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$799,200
Total Interest Payments
$492,756
Total Payment (Principal + Interest)
$1,291,956
$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.