3904 Wilkinson Road, Strawberry Vale Saanich
Price
$939,000
Bedrooms2 Beds
Bathrooms1 Baths
Size1001 sqft
Year Built1955
Property TypeDetached Home
Property Taxes$5,710.19
Description
OPEN HOUSE SAT. Nov.8, 12:00-13:30. Prime Investment & Redevelopment Opportunity-Over ½ Acre of usable land in an excellent Saanich neighbourhood. Explore the potential of this large 22,230 sqft parcel located in the South Wilkinson Development Area. This gently sloping property offers outstanding potential and represents a strategic opportunity for multi-generational living, investors, builders, or developers looking to capitalize on Victoria’s evolving housing market. The existing 1955 bungalow provides holding income potential; rent it out while you design and plan your future project. There is flexibility to explore multiple development configurations suited to current market demand and municipal guidelines. This is one of the largest and best-priced properties available in Greater Victoria, offering strong upside potential in a rapidly growing area. Opportunities of this scale and value are rare, act quickly. Contact your Realtor® today for details on zoning, development possibilities, and investment returns. (id:39198)
Listed By
The listing brokerage and/or agent is Royal LePage Coast Capital - Chatterton
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
$3,850 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$751,200
Total Interest Payments
$463,161
Total Payment (Principal + Interest)
$1,214,361
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
Comber Friesen Group
Realtors
Related Properties
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
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.