INVESTORS looking for a solid property take note of this centrally located and wonderful investment opportunity! Offering a 6% NET CAP RATE with a rental income of $4500/month! Situated on a large and bright Southern Exposed lot, this 2400 sq/ft 6 Bedroom home has MANY options for all Buyers. The flexible floorplan currently enjoys a main floor boasting 3 Beds, a large living room w/Gas FP, a generous sized kitchen, an updated 5pc Bath & an enclosed sunroom w/laundry. The walkout lower level offers a separate entrance, 3 more Bedrooms, 4pc Bath, a large updated kitchen, separate laundry & an enclosed patio! Additional features include a fully fenced rear yard & on-site parking. Situated on easy bus routes to UVIC, Camosun & Downtown, all while located within minutes to Uptown & Mayfair Malls, Swan Lake and the Galloping Goose. A perfect central location for a rental property! Agents please note showing schedules. **Seller will offer $10,000 towards improvements**
Data was last updated January 19, 2021 at 12:05 PM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$474,500
Min list price:
$244,900
Max list price:
$1,450,000
Avg days on market:
50
Min days on market:
8
Max days on market:
794
Avg price per sq.ft.:
$463.25
These statistics are generated based on the current listing's property type
and located in
SE Quadra. Average values are
derived using median calculations.