6
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$1,350,000
Est. payment /mo
0.34 Acres Lot
Active
229 Island Hwy View Royal, BC V9B1G3
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Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision View Royal
MLS® Listing ID 975746
Year Built 1937
Lot Size 0.340 Acres
Acres 14810.0
Property Sub-Type Freehold
Source Victoria Real Estate Board
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 $3,300/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:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Fair Realty