





Price
$2,395,000
Bedrooms3 Beds
Bathrooms3 Baths
Size2675 sqft
Year Built1973
Property TypeDetached Home
Property Taxes$8,948
A rare and desirable offering for your consideration - a large (0.53 acres), deep garden lot with fruit trees and a myriad of plantings awaits your creative touch set amongst this established and convenient Arbutus neighbourhood, near to UVic, Cadboro Bay, local shops, walking trails, and the oceanfront. Distant views accompany the property, along with mature fir trees and a circular drive. The 1973 split level home features 3 bedrooms (primary bedroom with 3 piece E/S bathroom) on the main floor, a large living room with fireplace, adjacent dining room, kitchen, enclosed sunroom and large deck. The grade level lower lever features a large recreation room, den with fireplace, 4th bedroom, laundry and workshop. Ideal for the handyman who wishes to refurbish this classic home, create additional accommodation, hold and rent with ease, OR the developer looking for an opportunity to build new on this large, strategic property set amongst a neighbourhood of fine, established custom homes. (id:39198)
The listing brokerage and/or agent is Newport Realty Ltd.
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.
$9,350 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,916,000
Total Interest Payments
$1,181,331
Total Payment (Principal + Interest)
$3,097,331
$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.