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.
Attached, Driveway, Garage Double
Balcony/Patio, Fencing: Partial
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.