229 Island Hwy | $1,350,000
Jemilla Khan Agent Photo
Jemilla
Khan
C. (250) 883-7858
 P. (250) 592-4422
 Phone Jemilla https://jkvictoriarealestate.ca
Royal LePage Coast Capital - Oak Bay
2541 Estevan Avenue
 V8r 2s6, BC
 Canada V8R 2S6

Details

%
Years (35 year max)
Years



Address 229 Island Hwy
AreaView Royal
Sub AreaView Royal
State/ProvinceBritish Columbia
CountryCanada
Price$1,350,000
Property TypeSingle Family
Bedrooms2
Bathrooms1
Floor Space944 Square Feet
Lot Size14810.00 Square Feet
WaterfrontNo
Year Built1937
Taxes $3,206
Tax Year2023
MLS® #975747

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.

Listed by FAIR REALTY

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.

Location

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About

Jemilla is a residential REALTOR® in Victoria, BC. She serves the communities of Victoria, Victoria West, Saanich, and the West Shore. Previously to getting her REALTOR® accreditation, Jemilla taught as a secondary educator for 8 years in Alberta. Her educational and professional experience makes her an asset in the home buying and selling process. She ties together a passion for homes, loving where you live, creating lasting connections with community members, as well as a high standard of knowledge and care. Jemilla truly believes that the home is where the heart is and is dedicated to assisting new and returning home buyers in the intricate process of finding their dream home. She also appreciates the time, personal touches and love that has gone into making a home unique to each seller. Jemilla conducts research backed comparative market analysis to make sure the process of selling a home is fully informed, valuated appropriately and completed to her client’s specifications. Buying and selling a home is one of the most significant events in a person’s life, and Jemilla wants to make sure that her clients are educated on what that entails and that their needs and wishes are met each step of the way.