229 Island Hwy | $1,350,000
Luke (Yichao) Chen* Agent Photo
Luke (Yichao)
Chen*
C. (778) 677-9557
 P. (250) 384-8124
 Phone Luke (Yichao) AgentLukeChen@gmail.com
Pemberton Holmes - Cloverdale
150-805 Cloverdale Ave
 Victoria, BC
 Canada V8X 2S9

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.

Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.

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

Luke Chen Personal Real Estate Corporation

UVic MBA, P.Eng.(Non-Practising), PMP

Residential/Commercial REALTOR® and Property Manager with Pemberton Holmes 

1. Luke Chen Personal Real Estate Corporation will provide full professional service and guarantee to significantly save your Purchasing/Selling cost. 

Luke Chen Personal Real Estate Corporation will commit to you! You do not have to commit to Luke Chen Personal Real Estate Corporation.

2. If you are a real estate investor in Victoria and you buy your home through Luke Chen Personal Real Estate Corporation, you can trust your home to Pemberton Holmes and your home can be rented out and managed by Luke Chen Personal Real Estate Corporation.


www.LukeChenYichao.com 
AgentLukeChen@Gmail.com 
778-677-9557 

Professional Engineer (Non-Practising) with APEGBC 
Sponsorship Director of PMI Vancouver Island Chapter 

https://www.youtube.com/watch?v=Bh5EALkalTQ

https://pmivi.org/index.php/component/contact/contact/8?Itemid=1762


Became Realtor on Feb 14, 2017. Very little expense on Advertisement and Main businesses are from referral. Honoured wtih 2021 and 2022 Silver Awards in Greater Victoria Real Estate Board.