$ 1,350,000
$ 715 / Sq. Ft.
  • ©MLS 975747
  • Area 1888 sq ft
  • Bedrooms 2
  • Bathrooms 1
  • Parkings 4

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:48970) Show More

Details

  • Constructed Date: 1937
  • Property Type: Single Family
  • Type: House
  • Total Finished Area: 944 sqft
  • Access Type: Road access
  • Architectural Style: Character
  • Neighbourhood: View Royal

Features

  • Central location
  • Level lot
  • Partially cleared
  • Rectangular
  • Shed
  • Refrigerator
  • Stove
  • Washer
  • Dryer

Rooms Details For 229 Island Hwy

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

Location



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