Investment property with numerous opportunities! Currently fully rented, generating an impressive monthly rental revenue of $7000.00 (excellent revenue while you await potential re-zoning) or live on the top floor with 4 bedrooms and earn nearly $4,000 per month. This property offers a substantial corner lot measuring 140ft x 80ft (11,200 sq ft), accompanied by a double garage, sheds for storage, and two driveways with ample parking space. The spacious '60s home boasts nine bedrooms and has undergone some updates over the years. It enjoys a short distance to UVIC and is just one block away from Mt.Doug Secondary. You'll find a large sunny deck on the upper level and a raised private patio in the backyard. All windows have been upgraded to vinyl, ensuring enhanced energy efficiency and aesthetics. Hot Water on Demand! With a quick drive to Cadboro Bay Beach and less than a 5-minute drive to Tuscany Village & University Heights for shopping, this property offers convenience at its best. (id:47423)
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Detailed Information
Bedrooms
9
Bathrooms
2
Total Area
3,529 ft2
Features
Level lot, Corner Site, Other, Rectangular
Listing Contract Date
2023-07-04
Municipal ID
005-391-113
Ownership Type
Freehold
# of Parking Spaces
6
Plan
VIP9777
Property Type
Single Family
Transaction Type
For sale
Zoning
Residential
Building
Appliances
Refrigerator, Stove, Washer, Dryer
Constructed Date
1968
Cooling Type
None
Fireplace Present
Yes
# of Fireplaces
1
Heating Fuel
Natural gas
Heating Type
Forced air
Total Finished Area
3529 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Laundry room
Second level
8' x 17'
Kitchen
Second level
13' x 15'
Dining room
Second level
11' x 13'
Living room
Second level
15' x 22'
Bedroom
Lower level
11 ft x 12 ft
Bedroom
Lower level
10' x 11'
Bedroom
Lower level
10' x 13'
Bedroom
Lower level
9' x 11'
Bedroom
Lower level
10' x 15'
Bathroom
Lower level
4-Piece
Kitchen
Lower level
8' x 9'
Dining room
Lower level
9' x 10'
Living room
Lower level
13' x 16'
Other
Lower level
11' x 14'
Bedroom
Main level
11' x 12'
Bedroom
Main level
9' x 12'
Bedroom
Main level
9' x 11'
Bathroom
Main level
4-Piece
Primary Bedroom
Main level
12' x 14'
Entrance
Main level
5' x 9'
Land
Total Size
11200 square feet
Size of Irregular Land
11200
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