250-889-4000 Tap to Call

This fully rented, legal duplex with 4 units generates an impressive $7650 per month in rental income and is centrally located near the NRGH. Boasting over 4,200 sqft, this property offers four distinct living spaces, each with separate entry doors and dedicated large outdoor yard areas for every unit. Positioned on a spacious 10,890 sqft lot, this duplex presents an excellent opportunity for future development into a multi-family residence. The main floor features 2 well-designed 2-bedroom, 1-bathroom suites, perfect for smaller families or young professionals. The upper floor boasts 2 expansive 3-bedroom, 2-bathroom suites, ideal for larger families seeking comfortable living spaces. Each unit has been meticulously updated with modern touches including newer flooring, enhanced soundproofing between floors, electric fireplaces for added coziness, and fully fitted kitchens equipped with contemporary appliances. Three of the six bathrooms have been recently updated, showcasing stylish fixtures and finishes. The property’s exterior is equally impressive, with fresh paint and a professionally cleaned roof enhancing its curb appeal. The large lot allows for individual outdoor spaces for each unit, providing tenants with private areas to relax and enjoy the outdoors. For added convenience, the duplex includes two shared laundry rooms, easily accessible from the outside, making laundry day a breeze for all residents. Centrally located, this property is in close proximity to all essential amenities including shopping centers, restaurants, the university, and nearby parks. This prime location ensures a high demand for rental units, making it an ideal investment opportunity. Do not miss out on this rare chance to own a turnkey, cash-flow rental property in a sought-after location with exceptional rental potential. Whether you are an investor looking to expand your portfolio or seeking a property with future development possibilities, this duplex offers it all.

Listed by Oakwyn Realty Ltd. (NA)
Price Change History
Date
Old Price
New Price
Sep 2, 2024
$1,249,000
$1,124,900 $124,100
Sep 8, 2024
$1,124,900
$1,224,900 $100,000
Property Type Condo / Townhouse
Bedrooms 10
Bathrooms 6
Floor Space 4264
Lot Size 0.25 acres
Year Built 1976
Fireplace 2
Unfin. Sq. Ft. 2032
Level 1 Sq Ft 2098
Level 3 Sq Ft 2166
Lot Size 10890 square feet
Lot Features Central Location, Shopping Nearby, Southern Exposure, Mountain(s)
Basement None, Other
Parking Driveway
Site Features Balcony/Deck, Balcony/Patio, Fencing: Full, Low Maintenance Yard
Accessibility Accessible Entrance, Ground Level Main Floor
Laundry In Unit
Cooling None

Sothebys International Realty Canada
752 Douglas Street
Victoria , BC
V8W 3M6

Contact Peter

Copyright 2024 Victoria Real Estate Board
MLS® System data provided by VREB, ©2024
The above information is from sources deemed reliable, but should not be relied upon without independent verification
MLS® is a trademark owned or controlled by The Canadian Real Estate Association. Used under license.
Website must only be used by consumers for the purpose of locating and purchasing real estate.
Back