Traditional Fernwood home 2 bedroom 1 bath up, 2 bedroom 1 bath down. Currently tenanted and bringing in approx $35k AGR providing a 4.2% cap rate. Over $100k in upgrades including: new exterior paint (15 yr warranty), new roof (30 yr), newer kitchens, new hot water tanks, 200 amp service, base board heating, blown insulation (r71),easy care landscaping, carpet over refinished oak hardwood floors, new sewer lines to road and more. All renos done while preserving the character aspects of the home (coved ceilings, fireplace etc).This home needs nothing. Buy it as a revenue property and earn 4.2%, buy it and live upstairs and have downstair tenant help with mortgage. Walkscore of 79 and only 9 houses away from Oaklands School.

  • MLS# 380148
  • Price: $834,888
  • Property Type: Single Family Dwelling
  • District: Victoria
  • Town: Fernwood
  • Year built: 1949
  • Building size: 1827 sqft
  • Lot size: 5500 sqft
  • Bedrooms: 4
  • Bathrooms: 2
  • Fireplaces: 2
  • Listed with Jot Home - Queenswood Realty 1995 Ltd. - (250) 477-1100

Contact

Office

  • Century 21 - Queenswood
    1845 Fort St, Victoria, BC V8R 4R7
  • O.250-477-1100
  • C. 250-589-9997
  • E. jodie@jodiefarup.com

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