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229 Island Hwy View Royal, British Columbia V9B 1G3

2 Bedroom 1 Bathroom 1888 sqft
Character Fireplace None

$1,350,000

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. (id:57150)

Property Details

MLS® Number 952903
Property Type Single Family
Neigbourhood View Royal
Features Central Location, Level Lot, Partially Cleared, Other, Rectangular
Parking Space Total 4
Plan Vip3738
Structure Shed

Building

Bathroom Total 1
Bedrooms Total 2
Appliances Refrigerator, Stove, Washer, Dryer
Architectural Style Character
Constructed Date 1937
Cooling Type None
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Natural Gas
Size Interior 1888 Sqft
Total Finished Area 944 Sqft
Type House

Land

Access Type Road Access
Acreage No
Size Irregular 14810
Size Total 14810 Sqft
Size Total Text 14810 Sqft
Zoning Type Multi-family

Rooms

Level Type Dimensions
Main Level Storage 18 ft x 12 ft
Main Level Storage 12 ft x 7 ft
Main Level Bathroom 4-Piece
Main Level Bedroom 12 ft x 11 ft
Main Level Bedroom 12 ft x 11 ft
Main Level Kitchen 12 ft x 11 ft
Main Level Living Room 16 ft x 12 ft
Main Level Entrance 7 ft x 6 ft

https://www.realtor.ca/real-estate/26492618/229-island-hwy-view-royal-view-royal

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Marko Juras
Personal Real Estate Corporation

(250) 380-8297
(778) 430-2228
https://www.youtube.com/embed/Ry_1Q_69_d0
www.markojuras.com/
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Fair Realty
301-1321 Blanshard St
Victoria, British Columbia V8W 0B6

(250) 480-3000
1 (866) 232-1101
www.fairrealty.com/

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