$ 1.350.000

229 Island Hwy, View Royal

  • Bedrooms: 2
  • Bathrooms: 1
  • Living area: 1888 square feet
  • Type: Residential
  • Added: 72 days ago
  • Updated: 3 days ago
  • Last Checked: 11 hours ago
Explore the potential of this mixed residential development site in the picturesque View Royal! Encompassing 14,810 sq/ft, this property boasts a two-level home with recent updates. Positioned in a dynamic, growing area amidst new condominium constructions and nestled between a modern townhouse development and an older one, this site holds promise. The existing dwelling serves as an excellent investment, featuring two levels that cater to both rental income and potential owner occupancy. Conceptual plans are available for a 4-story apartment or a 10-townhouse development, adding versatility to the property. Currently, the home is a lucrative holding asset, generating $3,300/month in rental income. Situated in a highly walkable location, the property is just steps away from the 4 Mile Pub, parks, the galloping goose, schools, and the ocean. Whether you're heading to Vic General, CFB Esquimalt, or shopping destinations. Recent upgrades gas heating, foundation waterproofing, electrical. (id:1945)
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Property DetailsKey information about 229 Island Hwy

  • Cooling: None
  • Heating: Natural gas
  • Year Built: 1937
  • Structure Type: House
  • Architectural Style: Character

Interior FeaturesDiscover the interior design and amenities

  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Living Area: 1888
  • Bedrooms Total: 2
  • Fireplaces Total: 1
  • Above Grade Finished Area: 944
  • Above Grade Finished Area Units: square feet

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 229 Island Hwy

  • Lot Features: Central location, Level lot, Partially cleared, Other, Rectangular
  • Lot Size Units: square feet
  • Parking Total: 4
  • Lot Size Dimensions: 14810

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Tax & Legal InformationGet tax and legal details applicable to 229 Island Hwy

  • Tax Lot: 25
  • Zoning: Multi-Family
  • Parcel Number: 000-634-824
  • Tax Annual Amount: 3206.92
Room Dimensions
Type Level Dimensions
Storage Main level 18 x 12
Storage Main level 12 x 7
Bathroom Main level 4-Piece
Bedroom Main level 12 x 11
Bedroom Main level 12 x 11
Kitchen Main level 12 x 11
Living room Main level 16 x 12
Entrance Main level 7 x 6
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Nearby Listings Stat

Active listings
8
Min Price
$475,000
Max Price
$1,350,000
Avg Price
$711,088
Days on Market
113 days
Sold listings
5
Min Sold Price
$249,900
Max Sold Price
$519,900
Avg Sold Price
$387,680
Days until Sold
69 days

Nearby Places

Name
Type
Address
Distance
View Royal
View Royal has a population of 10,858 residents...
0.2 km
Palmer railway station
The station is a flag stop on Via Rail's Victoria ...
1.0 km
Craigflower Manor and Schoolhouse
The centerpiece of each historic site is a 19th-ce...
1.0 km
Victoria General Hospital
Hospital
1 Hospital Way
1.6 km
Victoria General Hospital
VGH, as it is commonly known, provides emergency, ...
1.6 km
Esquimalt Harbour
The Harbor is bounded by the small cities and town...
2.2 km
The Q Centre
In 2014, the arena was named "The Q Centre" after ...
2.3 km
Farol de Fisgard
Establishment
603 Fort Rodd Hill Rd
2.4 km
Westshore Velodrome
It is part of the Juan de Fuca Recreation Centre, ...
2.4 km
CFB Esquimalt
The base occupies approximately 41 square kilometr...
2.4 km
Fort Rodd Hill National Historic Site
The site is adjacent to Fisgard Lighthouse Nationa...
2.5 km
Signal Hill (British Columbia)
Signal Hill is a hill in Esquimalt, British Columb...
2.6 km
Additional Information about 229 Island Hwy

This House at 229 Island Hwy View Royal, BC with MLS Number 975747 which includes 2 beds, 1 baths and approximately 1888 sq.ft. of living area listed on View Royal market by Marko Juras - Fair Realty at $1,350,000 72 days ago.

We have found 6 Houses that closely match the specifications of the property located at 229 Island Hwy with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,375,000 and 1,799,000.

The current price of the property is $1,350,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 15% down payment, the total amount borrowed would be $1,147,500. This would result in a monthly mortgage payment of $6,313 over a 25-year amortization period.

More Details?
Marko Juras
  • Marko Juras
  • Fair Realty
  • 250-380-8297
  • WebSite

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