BC > View Royal
View Royal, BC V9B 1G3,229 Island Hwy
View Royal, BC V9B 1G3,229 Island Hwy
View Royal, BC V9B 1G3,229 Island Hwy
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Dallas King

Dallas King

+1(250) 858-5465
$1,350,000
Est. payment /mo
0.34 Acres Lot
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UPDATED:

09/11/2024 09:22 PM

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 975746

Rental Info Unrestricted

Year Built 1937

Annual Tax Amount $3,206

Tax Year 2023

Lot Size 0.340 Acres

Acres 0.34

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.

Location

Province BC

County Capital Regional District

Area View Royal

Direction 30 second walk from 4 Mile Pub, same side up the hill.

Interior

Heating Forced Air

Flooring Hardwood

Heat Source Forced Air

Exterior

Parking On Site 1

Utilities Available Electricity To Lot

Building

Building Description Wood, Basement

Structure Type Wood

Others

Pets Allowed Yes

Tax ID 000-634-824

Ownership Freehold

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Listed by Fair Realty
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+1(250) 858-5465

dallas@victoriahomes.com

202-3440 Douglas St, Victoria, V8Z, 3L5, Canada

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