1 Midwood Rd | $2,500,000
Mike Pearce* Agent Photo
Mike
Pearce*
P. (604) 682-2088
 Phone Mike
RENNIE & ASSOCIATES REALTY LTD.
502 Pembroke St
 BC
 Canada

Details

%
Years (35 year max)
Years



Address 1 Midwood Rd
AreaView Royal
Sub AreaView Royal
State/ProvinceBritish Columbia
CountryCanada
Price$2,500,000
Property TypeSingle Family
Bedrooms7
Bathrooms3
Floor Space4281 Square Feet
Lot Size15246.00 Square Feet
WaterfrontYes
Year Built1984
Taxes $6,681
Tax Year2023
MLS® #962850

Attention home buyers! Here’s your chance to invest in a one of a kind, versatile real estate holding. This property offers over 4,200 sq ft of revamped living space with a 4 bed, 2 bath unit on one side and a 3 bed, 1 bath unit on the other. Situated on a large low-bank .35 acre waterfront lot, there are many opportunities to get creative with future development in mind while holding an amazing income producing asset. The recently renovated home is turn-key making it ideal for multi-generational living as well. Sited on Victoria’s Portage Inlet, just a short 15-minute commute from downtown Victoria and the bustling Westshore community, it promises an enviable lifestyle for future residents. With the BC government's new housing bylaws and naming View Royal as one of the town's requiring more density, this could be your opportunity to make your mark on Victoria’s waterfront.

Listed by Newport Realty

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About

Mike* has been in the top 1% of all Realtors in Greater Victoria from 2011 to 2016 in total number of condos and townhouses sold. He is also in the Victoria Real Estate Board’s MLS Awards’ Club as a multiple Gold Award winner, and in 2015, Mike was awarded the prestigious MLS Special Gold Award for his high standard of excellence throughout his career. 

Being born and raised in Victoria has given Mike a vast knowledge base to educate his clients on the historical market growth and on today’s current demographics. Mike’s experience in and knowledge of depreciation reports, strata bylaws, regulations, strata plans and fees, engineer’s reports, and remediation and special assessments comes from his extensive portfolio of business and in-depth studies of hundreds of strata buildings in the city. 

Mike and his family have a big love for the island and the outdoors, and, when Mike isn’t working, you can find them on the slopes, golfing, camping, or exploring the many amazing hiking trails. Mike is also a past professional golfer with over 60 wins worldwide and is a proud member of the Gorge Vale Golf Club and sponsor of the Island Professional Golf Tour. 

*Mike Pearce Personal Real Estate Corp.