I have sold a property at 3300 Shelbourne St in Saanich. See details here
This 5 bed, 3 bath, 3 kitchen investment property could produce your retirement income! All 3 suites are tenanted & this home offers a 768 sqft 2 bdrm top floor suite ($1700), a 640 sqft 2 bdrm entry level suite ($1450) & a 550 sqft 1 bdrm garden suite ($1450). Combined rents currently gross $4600 monthly plus utilities. Purchase this home as an investment with a potential 3% CAP rate plus property appreciation. Or live in the garden suite, pay the same or less than rent and reduce your future capital gains. When your mortgage is paid off you will receive the monthly net revenue of the home for the rest of your life. Centrally located close to Camosun College, St. Michael's University School & Hillside Shopping Centre with easy transit to downtown, UVIC and University Centre. RECENT UPGRADES: Windows, gas furnace, wall furnace in cottage, vinyl plank, recent paint, perimeter drains, fencing, HW tanks, roof 2009. Sq ft lower BR included in finished sq footage (height 6’6”).