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229 Island Hwy in View Royal: VR View Royal Unimproved Land for sale : MLS®# 975746
229 Island Hwy View Royal V9B 1G3 
$1,350,000Commercial Sale- Status:
- Active
- MLS® Num:
- 975746
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 $3,500/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. More detailsListed by Fair Realty- DANA STYK
- FAIR REALTY
- 1 (250) 8887042
- Contact by Email
Data was last updated September 22, 2024 at 04:05 AM (UTC)
Real Estate Professional
Location
301-1321 Blanshard St V8W 0B6
Victoria, BC, V8W 0B6