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1353 Craigdarroch Road, Rockland Victoria

Price

$2,590,000

Bedrooms4 Beds

Bathrooms3 Baths

Size2986 sqft

Year Built1918

Property TypeDetached Home

Property Taxes$8,789.34

Description

EXCEPTIONAL ROCKLAND ESTATE - FOUR LOTS WITH ARTS & CRAFTS HOME & DEVELOPMENT POTENTIAL Discover an extraordinary opportunity in Victoria's prestigious Rockland neighbourhood. This charming 1918 Arts & Crafts residence  sits on four separate lots totaling 11,108.36 sqft at the corner of Craigdarroch Road & Royal Terrace. THE PROPERTY: 1918 heritage home showcasing authentic Arts & Crafts elements Detached garage providing additional storage and utility space Four lots: 131 (main dwelling on 1 1/2 lots), 130 (two 1/2 lots), 129 (corner lot) Mature Garry Oak grove  Established gardens with decades of mature plantings Corner location with dual street frontage DEVELOPMENT OPTIONS: Heritage restoration of home honoring Arts & Crafts character with modern amenities Complete rebuild as single family home maximizing spectacular lot potential & park like character Multi-family development potential LOCATION ADVANTAGES: Prime Rockland - Victoria's most coveted residential neighbourhood Walking distance to downtown cultural & business districts, Oak Bay, Fairfield & Fernwood Near Craigdarroch Castle and Government House Excellent schools nearby -  public, private options & French Immersion options Established neighbourhood of heritage homes Short walk to bus routes to University of Victoria, Comosun College & Royal Jubilee Hospital UNIQUE FEATURES: Turn of the century home with authentic period details including original woodwork and hardwood floors Mature Garry Oak tree canopy and unique rock outcroppings providing privacy and natural beauty  This once-in-a-generation opportunity combines heritage character, natural beauty, prime location, and significant development flexibility. Perfect for visionary buyers maximizing investment potential while respecting the property's heritage and natural features. (id:39198)

Listed By

The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions

The Property Location

Mortgage Calculator

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Total Monthly Payment

$10,037 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,072,000

Total Interest Payments

$1,277,515

Total Payment (Principal + Interest)

$3,349,515

Cashflow Calculator

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

Your monthly cash flow is positive

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home