229 Island Hwy | $1,350,000
John Melvin Agent Photo
John
Melvin
C. (778) 677-9694
P. (250) 477-7291
Phone John
DFH Real Estate
#202-3795 Carey Rd
Victoria, BC
Canada V8P 4J1

Details

%
Years (35 year max)
Years



Address 229 Island Hwy
AreaView Royal
Sub AreaView Royal
State/ProvinceBritish Columbia
CountryCanada
Price$1,350,000
Property TypeSingle Family
Bedrooms2
Bathrooms1
Floor Space944 Square Feet
Lot Size14810.00 Square Feet
WaterfrontNo
Year Built1937
Taxes $3,206
Tax Year2023
MLS® #975747

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.


Listed by FAIR REALTY


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About

A thirty-year resident of Victoria, I began my journey of becoming a sales professional cutting my teeth in the competitive office supply sales market and finishing with a successful twenty-year award winning tenure in health care sales. Also, for an eight-year period my entrepreneurial side emerged when I developed, operated and eventually sold my own business “Dine In Victoria”.  Along the way I have creatively renovated three homes and helped design and construct two others. 

A husband and father of two adult boys, I have always been an active member in the community, serving with the Victoria Chamber of Commerce, the Canadian Diabetes Association, coaching youth sports with Victoria Night League Basketball, Saanich Fusion FC, Saanich Minor Lacrosse and with the Five-time Provincial High School Football Champions: Mount Douglas Rams. Personally, I enjoy a good round of golf but not the awful handicap.

 If you are looking to sell or buy a property in Victoria, and looking for a REALTOR®, I would look forward to meeting with you to discuss my marketing plans and buying strategies which would be tailored for your specific needs. After thirty years residing in Greater Victoria, I can provide valuable information on particular neighbourhoods, upcoming areas and locations that would best suit your lifestyle. 

                       Your passions are my utmost concerns - nothing short of the Gold Standard”.