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:51532)
Property Summary |
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Building |
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Level | Rooms | Dimensions |
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Second level | Laundry room | 8' x 17' |
Kitchen | 13' x 15' | |
Dining room | 11' x 13' | |
Living room | 15' x 22' | |
Lower level | Bedroom | 11 ft x 12 ft |
Bedroom | 10' x 11' | |
Bedroom | 10' x 13' | |
Bedroom | 9' x 11' | |
Bedroom | 10' x 15' | |
Bathroom | 4-Piece | |
Kitchen | 8' x 9' | |
Dining room | 9' x 10' | |
Living room | 13' x 16' | |
Other | 11' x 14' | |
Main level | Bedroom | 11' x 12' |
Bedroom | 9' x 12' | |
Bedroom | 9' x 11' | |
Bathroom | 4-Piece | |
Primary Bedroom | 12' x 14' | |
Entrance | 5' x 9' |
Features | |||||
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Level lot | Corner Site | Other | |||
Rectangular | Refrigerator | Stove | |||
Washer | Dryer | None |