View Royal Homes For Sale
View all of the MLS listings for homes for sale in the View Royal area of Victoria, BC. Call me at 250-588-2050 or email me at scott@myislandhome.ca.Listing Details
Return to Search Result229 Island Hwy - MLS® # 952903
Property Details
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 $3,500/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.
Listing Provided By
Fair Realty
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- Scott Douglas
- 250-479-3333
- 250-588-2050
- 250-479-3565
- scott@myislandhome.ca
- Sutton Group West Coast Realty
- 103-4400 Chatterton Way
- Victoria, BC
- V8X 5J2