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446 Festubert Street, West Duncan Duncan

Price

$650,000

Bedrooms2 Beds

Bathrooms1 Baths

Size1020 sqft

Year Built1938

Property TypeDetached Home

Property Taxes$3,314.82

Description

The offering is two 7200 square foot lots side by side (438 & 446 Festubert St) in the growing heart of City of Duncan’s Neighborhood Commercial Zone (NC). Each lot is 7200 square feet and has its own 2-bedroom, 1 bathroom home which are currently tenanted. With both properties together there is potential for redevelopment with land assembly available at 14,400 square feet. The applicable Neighborhood Commercial is a zoning that allows a multitude of mixed Residential and Commercial Uses. Both lots and homes must be Sold in conjunction with each other and price is $650,000 each. (id:39198)

Listed By

The listing brokerage and/or agent is RE/MAX Island Properties

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

$2,612 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$520,000

Total Interest Payments

$320,612

Total Payment (Principal + Interest)

$840,612

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

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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

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home