229 Island Hwy | $1,350,000
Ashish Malik Agent Photo
Ashish
Malik*
C. (250) 240-5757
 P. (250) 384-8124
 Phone Ashish houseinvictoria.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 $3,300/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

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)

About

CLIENT REVIEWS


ABOUT ME

After spending several years on the Prairies, I moved to Vancouver Island and have discovered Victoria to be an amazing place to call home and raise a family. Beautiful surroundings, supportive community, lovely people, we have it all, and I feel assisting you with one of your biggest investments is a huge privilege and responsibility.

I enjoy meeting with people and focus on providing tailored solutions, and building strong relationships based on trust. It is so important for you to visualize what will come next in the transaction and expect the highest level of professional service and care.

I have strong knowledge of the Greater Victoria Region real estate market, and whether you are looking to buy or sell a property, I will always work for you with your needs and interests as my top priority. I will maintain the highest ethical standards, and do my very best to make your real estate experience a positive and successful one.

I have a Bachelor of Science degree and an MBA, and have also completed real property appraisal courses with UBC Sauder, prior to getting my real estate trading services license.