





Price
$939,500
Bedrooms2 Beds
Bathrooms1 Baths
Size2143 sqft
Year Built1953
Property TypeDetached Home
Property Taxes$5,390
1950s home in desirable Maplewood, ready for its next chapter. Mostly in original condition but perfectly livable, it offers the ideal canvas to move in now and update over time, fully renovate, or plan a future rebuild. Major upgrades are already in place, including 200-amp electrical service, a heat pump for efficient year round comfort and a roof with an estimated 25+ years of life remaining. For buyers thinking about long term potential, this property also stands out as a development opportunity. Zoned RS 6, it is eligible for a standard lot subdivision to create one additional lot (with a Development Variance Permit for lot width), and it also supports a Garden Suite or Small Scale Multi Unit Housing - great for multi-generational living or rental income. The home is vacant and ready for immediate occupancy and is priced $214,000 below assessed value for a quick sale. (id:39198)
The listing brokerage and/or agent is Royal LePage Coast Capital - Oak Bay
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.
$3,825 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$751,600
Total Interest Payments
$463,408
Total Payment (Principal + Interest)
$1,215,008
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive

Realtors

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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.