229 Island Hwy | $1,350,000
Margaret Paridaen Agent Photo
Margaret
Paridaen
C. (250) 709-8230
P. (250) 746-8123
Phone Margaret
Pemberton Holmes - Duncan
23 Queens Road
Duncan, BC
Canada V9L 2W1

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.

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About

Hi!  Are you looking for a reliable and experienced REALTORĀ® that will work hard for YOU?

If you are looking for a property to buy or looking to list your property, I am here to help!

I have helped clients to find just the right place, and to successfully sell their properties:

   * Moving from a remote location to a cozy strata near the beach.

   * Finding a farm with 2 acres of greenhouse production for an Island farming family. 

   * Landing that little home in Lake Cowichan for someone that just got a job in Duncan. No Victoria commute!

   * Selling a home in multiple offer and over list price.

Looking for a home can be overwhelming - where to start?  I will set up your home search, research properties and negotiate the best price.

Want to sell? l will take care of all the details from Comparative Market Analysis, photos, viewings, and negotiating the best sale price for the seller.

I work Vancouver Island, and specialize in the Cowichan Valley, including Cedar, Ladysmith, Chemainus, Crofton, North Cowichan, Lake Cowichan, Shawnigan Lake, Mill Bay, the Malahat

Call Margaret Paridaen  250.709.8230. Make your move - I can help!