Antrobus
129 Nanaimo Avenue W
Penticton, BC
Canada V2A 1N2
Details
Address | 229 Island Hwy |
Area | View Royal |
Sub Area | View Royal |
State/Province | British Columbia |
Country | Canada |
Price | $1,350,000 |
Property Type | Single Family |
Bedrooms | 2 |
Bathrooms | 1 |
Floor Space | 944 Square Feet |
Lot Size | 14810.00 Square Feet |
Waterfront | No |
Year Built | 1937 |
Taxes | $3,206 |
Tax Year | 2023 |
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
NOTE: MLS® property information is provided under copyright © by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.
Location
About
Live.
Work. Play. The South Okanagan is a dream in itself; many fantastic areas to
choose from; four distinct seasons; a great variety of indoor or outdoor
activities and lots of choice for shopping. The pursuit of investing in Real
Estate can be the most exciting and rewarding experience you will encounter. However,
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attentively.
If you are looking for a Real Estate
representative who knows the Okanagan Valley, has over 20 years of experience
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or text me at 250-488-0804, you won’t be disappointed!