Address
229 Island Hwy, View Royal, BC
Price
$ 1,350,000
Property Attributes
  • MLS#952903
  • TypeSingle Family
  • CityView Royal
  • AreaView Royal
  • NeighbourhoodVR View Royal
  • Postal CodeV9B 1G3
  • StyleCharacter
  • Year Built1937
  • Taxes$ 3206
  • Price$ 1,350,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage944
  • Lot Size0.34 Acres
Data Source:
Victoria Real Estate Board (VREB)
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 $3,500/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.

General Features

Sewer Sewer Connected
Heating Natural Gas
Cooling None
Roof Asphalt Shingle
Appliances F/S/W/D
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Architctural Style Character
Property SubType Single Family Detached
Accessibility Features Primary Bedroom on Main
Property Type Residential
Parking Total 4
Construction Materials Stucco
Zoning Type Multi-Family
Bathrooms Count Main Level 1

Interior Features

Interior Features Dining/Living Combo,Soaker Tub
Basement Unfinished,Walk-Out Access,With Windows
Flooring Wood
Basement Y/N Yes
Fireplace Features Living Room
Fireplaces Total 1
Total Kitchens 1
Fireplace Yes
Laundry Features In House
Living Area Third 0.00
Living Area Second 0.00
Living Area Other 0.00
Living Area Main 944.00
Living Area Lower 0.00
Kitchens Count Main Level 1
Building Area Unfinished 944.00
Bedrooms Or Dens Total 2
Bedrooms Count Main Level 2
Bath 4 Piece Total 1
Basement Height Feet 7

Exterior Features

Building Features Transit Nearby
Exterior Features Fenced
Lot Features Central Location,Cleared,Easy Access,Level,Near Golf Course,Recreation Nearby,Rectangular Lot,Shopping Nearby,Sidewalk
Other Structures Storage Shed
Water Source Municipal
Parking Features Additional,RV Access/Parking,Other
Foundation Other
Building Area Total 1888.00
Lot Size Square Feet 14810.00
Lot Size Acres 0.34

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9B 1G3

Price
AVG $1.35M
$1.35M
Taxes
AVG $3,206
$3,206
Visits
AVG 311
311
Data Provided by Inside Real Estate®
Year Built
AVG 1957
1937

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