Homes for sale - 229 Island Hwy, View Royal, BC V9B 1G3

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Alex Burns

francis@victoriahomes.com +63(999) 527-0409

$1,350,000

Est. payment - /mo

0.34 Acres Lot

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UPDATED:

09/11/2024 09:22 PM

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 975746

Rental Info Unrestricted

Year Built 1937

Annual Tax Amount $3,206

Tax Year 2023

Lot Size 0.340 Acres

Acres 0.34

Property Description

Explore the potential of this mixed residential development site in the picturesque View Royal! Encompassing 14,810 sq/ft, this property boasts a two-level home with recent updates. Positioned in a dynamic, growing area amidst new condominium constructions and nestled between a modern townhouse development and an older one, this site holds promise. The existing dwelling serves as an excellent investment, featuring two levels that cater to both rental income and potential owner occupancy. Conceptual plans are available for a 4-story apartment or a 10-townhouse development, adding versatility to the property. Currently, the home is a lucrative holding asset, generating $3,500/month in rental income. Situated in a highly walkable location, the property is just steps away from the 4 Mile Pub, parks, the galloping goose, schools, and the ocean. Whether you're heading to Vic General, CFB Esquimalt, or shopping destinations. Recent upgrades gas heating, foundation waterproofing, electrical.

Location

Province BC

County Capital Regional District

Area Vr View Royal

Interior

Heating Forced Air

Flooring Hardwood

Exterior

Parking On Site 1

Utilities Available Electricity To Lot

Building

Structure Type Wood

Others

Tax ID 000-634-824

Ownership Freehold

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Listed by Fair Realty

As markets shift, you need an agent with the right connections, technology and strategies to achieve your home buying or selling vision.

Whether you’re feeling overwhelmed and want someone to take the wheel, or you just need a second opinion and you have it covered, you can be rest assured a RE/MAX agent is the right agent for any level of service, in any market condition.

+63(999) 527-0409

francis@victoriahomes.com

Unit 2 3440 Douglas Street Victoria Bc V8Z 3L5 Canada

229 Island Hwy View Royal, BC V9B 1G3

Alex Burns

Alex Burns

Key Details

Location

Interior

Exterior

Building

Others

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