View Royal All Real Estate and Homes for Sale $600K-$700K
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 975746
- Year Built:
- 1937
- Photos (6)
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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.
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Year built:
- 1937 (Age: 87)
- Lease Type:
- Sale Price, See Remarks
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- VR View Royal, View Royal
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 14,810 sq. ft.
- Taxes:
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- Building Features:
- Basement
- Construction:
- Wood
- Electricity:
- Yes
- Ceiling Heights:
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- Floor finish:
- Hardwood
- Total Building Area:
- 944 sq. ft.
- Commercial Area:
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- Heating:
- Forced Air
- Fireplace:
- No
- Pending Date:
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- 30 second walk from 4 Mile Pub, same side up the hill.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- Town of View Royal (SD61)
- Legal Description:
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- Utilities:
- Electricity Connected
- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Sep 09, 2024
- Original Price:
- 1350000.0
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Listed by Fair Realty
Data was last updated November 17, 2024 at 08:05 PM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
Shirin Purewal is a real estate agent located in Vancouver, Canada. She will help you throughout the process to find the house or the condo of your dreams.
For all the people who want to live in View Royal All Real Estate and Homes for Sale $600K-$700K, this is the page where you will be able to find the necessary options. Especially in today's environment of local government intervention in the home market, there are many potential pitfalls to avoid during the home buying process and many complex legal and tax issues to avoid.
Working with knowledgeable and experienced realtors is essential, the advice and guidance they provide is invaluable, so start now with us.