Basics
- Date added: Added 3 years ago
- Category: British Columbia
- Bedrooms: 4
- Bathrooms: 3
- Area: 2955 sq ft
- Lot size: 9032 sq ft
- Year built: 1920
Description
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Description:
Looking for a hot investment opportunity? This property has “money-maker” written all over it! With two fully occupied suites bringing in a solid $5,100 in rent every month, you’re practically printing cash. If a quick-flip is your game, you’re in luck – this place is in great condition, ready for a fast turnaround on the MLS and immediate profits. Nestled in Victoria’s Saanich region, this property offers over 2,900 square feet of living space on a sprawling 9,000+ square foot lot. Recent upgrades like a fresh bathroom and high-quality luxury vinyl plank flooring on the second floor make this deal even sweeter. Don’t sleep on this incredible opportunity to own a Saanich Stunner at a steep discount! We are selling our assignable purchase contract.
Closing is November 15th, 2023
**Buyer agrees to assume tenants and does not require vacant possession on closing. All rental agreement documents will be provided**PROPERTY FEATURES
Please note: This property is listed on the BC Assessment as being a 2-storey with a basement level. We believe that this property is better described as a 3-storey, and it is important to note that the lower level is mostly above grade.- 4 bedrooms
- 3 bedrooms are located on the first & second floor
- 1 bedroom is located on the third floor
- 3 bathrooms
- 3-piece bathroom located on the first floor
- 4-piece bathroom located on the second floor
- 4-piece bathroom located on the third floor
- Built in 1920
- Total interior square footage: 2955 sq ft (as per BC Assessment)
- First & second floor: 2391 sq ft (as per BC Assessment)
- Features 3 bedrooms, 2 bathrooms, 2 storage rooms, a utility room, kitchen, living & dining room, sunroom and laundry room
- First & second floor is the main suite and currently rented for $3700/month + utilities
- Third floor: 564 sq ft (as per BC Assessment)
- Features 1 bedroom/living room, 1 bathroom, sunroom, kitchen/dining room and storage room/stairwell
- Third floor is the smaller suite and currently rented for $1400/month + utilities
- Crawl space:
- Height is 6 feet and slopes to 2 feet at the far end
- Extends approximately half the length of the property
- All appliances will be included
- Wood fireplace is located in the living room and is WETT certified
- Livingroom features a wood ceiling
- Flooring: vinyl plank, tile and carpet
- Flooring on the second floor was replaced with luxury vinyl plank 3-years-ago
- 200 AMP breaker panel
- Gas furnace was replaced in 2015 (as per Seller)
- Electric HWT was replaced in 2018 (as per Seller)
- Heated with electric baseboards and with natural gas heating vents (as per Seller)
- Windows are a mix of older and newer, double pane vinyl (as per Seller)
- Roof shingles are an unknown age and need to be replaced (as per Seller)
- 2 decks are accessible from the second floor and located at the front and rear of the property
- Unique rock sitting area is located under the deck
- Backyard is fenced with grass and has a small tool shed
- On municipal water and sewer
- 1-car attached garage
- Large driveways provides parking for multiple cars
- Lot size: 9032 sq ft (as per BC Assessment)
- Zoning: RS-6 Single Family Dwelling (as per THIS zoning map)
- RS-6 uses permitted: (a) Single Family Dwelling (b) Boarding (c) Home Occupation (d) Accessory Buildings and Structures – see HERE
Show all descriptionClick HERE to View More Photos - 4 bedrooms
