Description
Investors & Developers !This property meets the Missing Middle Guidliens for up to a sixplex development and would achieve excellent rental return in the short term or hold as an investment property. There are three rentable suites , with a 2bed 1bath on the main level, a 2 bed 1 bath on the lower plus a 1 bed 1 bath garden suite and there is ample parking . There is potential here to earn $60,000 p/annum in rent . The 6000 sqft lot is currently zoned R2 and the adjoining lot of the same size has a current rezoning and building permit application with the city to redevelop to 4 townhomes.
-
5BEDS
-
0.14ACRES
-
3BATHS
-
01/2 BATHS
-
2,402SQFT
-
$416$/SQFT
Description
Investors & Developers !This property meets the Missing Middle Guidliens for up to a sixplex development and would achieve excellent rental return in the short term or hold as an investment property. There are three rentable suites , with a 2bed 1bath on the main level, a 2 bed 1 bath on the lower plus a 1 bed 1 bath garden suite and there is ample parking . There is potential here to earn $60,000 p/annum in rent . The 6000 sqft lot is currently zoned R2 and the adjoining lot of the same size has a current rezoning and building permit application with the city to redevelop to 4 townhomes.
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.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Day Team Realty.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by
real estate professionals who are members of CREA. Used under license.
Data last updated: 2023-03-28T00:22:02.793.