





Price
$1,298,500
Bedrooms4 Beds
Bathrooms4 Baths
Size3179 sqft
Year Built1955
Property TypeDetached Home
Property Taxes$4,454.35
Unit Number3020
Welcome to 3020/3022 Donald Street, perfectly situated in the highly desired Gorge neighborhood. This freehold duplex offers an exceptional investment opportunity with no strata fees. Live on one side, rent the other! Each half of the duplex features a spacious 3 bedroom, 1 bathroom main suite spread across three levels, along with laundry that connects to a self-contained 1 bedroom basement suite. Renovations have been completed including White Tile in the bathrooms and Vinyl flooring throughout. With a total of 8 bedrooms and 4 bathrooms across the property, this is an ideal setup for investors, multi-generational families, or even first-time home buyers looking to offset costs with strong rental income. 8 parking stalls total and fully fenced backyard. The backyards are generous in size and ready for your landscaping vision, complete with existing garden sheds for additional storage. This location is rich with amenities. You’re only minutes from shopping including Tillicum Mall and Mayfair Mall, a quick 10-minute drive to Downtown Victoria, and just a 5-minute walk to the stunning Gorge Waterway. Bring your paddleboard and swimsuit—Curtis Point at the end of the street is known by locals as one of the best swimming spots during the spring and summer months! Tillicum Elementary is also an easy walk away. Don’t miss this outstanding investment opportunity where you can live comfortably in one suite while enjoying income from the others. Opportunities like this are rare, come see what makes this property so special! (id:39198)
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.
$5,036 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,038,800
Total Interest Payments
$640,484
Total Payment (Principal + Interest)
$1,679,284
$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.