229 Island Hwy | $1,350,000
Graham Bavington Agent Photo
Graham
Bavington
P. (888) 828-8447
 Phone Graham
REAL BROKER B.C. LTD.
200-535 Yates Street
 BC
 Canada

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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Location

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About

Graham Bavington

Graham is an analytical and creative thinker with extensive local and international residential real estate and on-site project marketing / sales experience. In addition to real estate his professional background includes Equity & Options Trading and Retirement Planning roles with Charles Schwab Canada and BMO Bank of Montreal and he holds a BA Degree in English and Psychology from The University of Victoria.

Graham and his Wife Pam have been married since 2001 (after first meeting in 1978…in Grade 3! at Monterey Elementary here in Victoria) and have two amazing kids…Sara and Matt. Their gorgeous black Pug Jasmine rounds out their immediate family.

Graham is involved with: The Victoria Premier Network Group* – Participating / founding member ; Victoria Minor Hockey Association (VMHA) – Proud hockey parent, supporter & Certified Coach (inactive) ; Oak Bay Fireman’s Park Baseball – Proud Alumni, baseball parent and supporter ; Island Hockey 101 – Avid player. Victoria Athletic Club – Member.

*The Victoria Premier Network Group is a group of Top Producing Victoria Realtors from various firms and agencies who view & comment on each other’s listings for the benefit of their respective clients.