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3855 Cedar Hill Rd, Saanich East, BC – $999,000

  • 6 Beds
  • 3 Baths
  • 2,823 Sqft
  • .22 Acres
  • 6 Beds
  • 3 Baths
  • 2,823 Sqft
  • .22 Acres

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3855 Cedar Hill Rd

Fantastic investment property located in the up and coming neighbourhood of Cedar Hill. Currently earning rent of $4000/month, this home features 2 bedrooms downstairs and 4 bedrooms up. The downstairs has undergone a lovely reno with a gleaming eat-in kitchen, french doors to a sweet patio area and updated flooring throughout. Recessed lighting, renovated bathroom with insuite laundry and a nice master with large closet complete this downstairs suite. Opportunities upstairs for a nice renovation make the idea of living upstairs in a 4 bedroom home and getting rental income from downstairs very appealing. You'd be rewarded with views and a bright home at the end of the work. Bonus of this property is the possibility of subdividing a lot (check with Saanich) as this corner lot is over 9500 sq ft. You'll love the location - walk to UVic, Fairway Market, restaurants and more - but it's the opportunity for future income that make this a property not to miss.

Essential Information

  • MLS® #410659
  • Price$999,000
  • Bedrooms6
  • Bathrooms3
  • Square Footage2,823
  • Acres0.22
  • Year Built1953
  • TypeResidential
  • Sub-TypeSingle Family Detached
  • StyleCharacter
  • StatusCurrent
  • Taxes$4,353
  • Tax Year2018

Community Information

  • Address3855 Cedar Hill Rd
  • SubdivisionSE Cedar Hill
  • CitySaanich East
  • ProvinceBC
  • Postal CodeV8P 3Z6

Amenities

  • Parking Spaces3
  • ParkingDriveway
  • Additional AccommodationExisting

Interior

  • HeatingBaseboard
  • FireplacesLiving Rm

Interior Features

Dining Area, Flrs/Laminate, Flrs/Lino, W/W Carpet, Storage In Suite, Wndw/Covrngs

Exterior

  • ExteriorAsbestos Shingle
  • Lot DescriptionView: Mtn
  • RoofAsphalt Shingle
  • ConstructionFrame Wood 2x4
  • FoundationConcrete Poured

Exterior Features

Fenced Yard/Full, Fenced Yard/Part

School Information

  • Elementary61 Doncaster
  • Middle61 Cedar Hill
  • High61 Mt Douglas

Additional Information

  • Listing OfficeNewport Realty Ltd.
  • Date ListedMay 13th, 2019
  • ZoningResidential
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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.