





Price
$924,000
Bedrooms4 Beds
Bathrooms2 Baths
Size4448 sqft
Year Built1941
Property TypeDetached Home
Property Taxes$4,227.21
a rare opportunity in one of Victoria’s most sought-after neighbourhoods! Set on a generous lot just steps from Mt. Tolmie park and minutes to UVic, this property offers exceptional upside for builders, investors, or families with vision. The existing home is structurally sound and has been professionally gutted to the studs and joists following a house fire, providing a clean slate to reimagine the layout and finishes from the ground up. With the right plan and permits, restoration is entirely achievable. Alternatively, the lot itself presents an ideal canvas for a brand-new custom build in an established, central location surrounded by parks, schools, and amenities. Whether you choose to revive the current structure or start fresh, this is a prime chance to secure a well-located property with outstanding long-term potential in the heart of the Cedar Hill area. The home is 2224 of presently unfinished sqft. (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.
$3,672 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$739,200
Total Interest Payments
$455,762
Total Payment (Principal + Interest)
$1,194,962
$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.