4 beds · 2 baths · 1991 sqft
Investment opportunity! Could this be the perfect ''sweat equity'' home? Or perhaps a great location to develop this RS-6 lot with ''Small-Scale Multi-Unit Housing'' per Saanich's new housing mandate and bylaws? Interior of existing home needs thorough renovation, but layout has great suite potential. Total of 1,991 sq.ft. to renovate to your taste and needs. Close to shopping, transportation to UVIC and downtown. Excellent rental property location. With interest rates dropping and inflation under control, could now be a good time to invest in a renovation or redevelopment project? (id:39198)
Building Type House
Year built 1968
Square Footage 1991 sqft
Stories
Bedrooms 4
Bathrooms 2
Parking 1
NeighbourhoodLake Hill
Land size 8158 sqft
Heating type Forced air
Basement type
Parking Type
Time on REALTOR.ca0 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: Pemberton Holmes - Cloverdale
Home price
$800,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$7,277 / month
Rent $6,435
Savings $842
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$6,413 / month
Rent $6,238
Savings $175
Initial deposit 5%
Savings target Fixed at 5%