Charlie Depape Realtor - Trust, Knowledge, Communication

Listing Details

428152

Victoria - Vi Burnside

$1,350,000

Reference Number: 428152

Investor Alert! Excellent Revenue Property with gross rents ~$6300/month. This well looked after, updated, non conforming character home consists of 4 suites and a garage. There's also excess room on the lower level (another unit?). Parking is normally a real issue with these types of properties - but not so here - rear lane access provides easy off street parking for 5 cars! This property is pergect for an investor looking for a turnkey property to take advantage of low interest rates, or for someone who is handy and can increase gross revenue through improvements. Many recent updates to the home include tankless hot water, flooring, and more. Gross annual income of ~$75,600 and room for growth! Investment properties like this do not come along often, so act fast before it's gone.


Bedroom(s) 8 Bathrooms 5
Elementary School 61 Tillicum Junior School 61 Colquitz
Senior School 61 Spectrum Comm. Taxes $4,717.00
Zoning Residential Tax Year 2019
Water City/Munic. Title Freehold
SqFt Balcony SqFt Storage
Waste Patio Size
Lot Width 50 Lot Depth 110
Monthly Assessment $ Basement Height 0 ft - 0 in
SqFt Unfinished 232 SqFt Finished 4546
Lot Size Acres 0.13 Lot Size SqFt 5500
Year Built 1947 Lot Shape Rect.
Fireplace    

Listed with Colevin Crause - Royal LePage Coast Capital - Oak Bay - (250) 592-4422
Cheri Crause - Royal LePage Coast Capital - Oak Bay - (250) 592-4422