3104-3106 Richmond Rd, Saanich
Outstanding investment opportunity in the popular Richmond/Lansdowne area! This side-by-side duplex generates approx. $7,000/month plus utilities from long-term leases, with excellent development potential. Each unit features 3 bedrooms (1 on the main, 2 up), bright living/dining areas, modern kitchens, and efficient gas furnaces. Spacious lower levels include garage/basement areas with suite potential. One side already improved with new flooring and a framed-in laundry room. Renovated in 2017 with thermal-pane windows, kitchens & baths, plus recent upgrades including new blinds and washer/dryers. Parking for up to 3 vehicles per side via quiet Frechette St cul-de-sac. Ideally located near Hillside Mall, schools, Camosun & UVIC for strong rental demand. With opportunities to add basement suites and explore a Mullti plex with 4-6 units total potential, this is a turn-key income property with growth upside a rare offering not to be missed! (id:62865)
Status
Active
Year Built
1940
Property Type
Duplex
Ownership
Freehold
Parking Spaces
6
Annual Tax
$5,788
Zoning
Duplex
Parcel Number
004-081-731
Data Source
Victoria Real Estate Board
Bedrooms
6
Bathrooms
2
Living Area
2454 square feet
Lot Size
6160.0 sqft
Heating
Forced air, Natural gas
Cooling
None
$1,499,900
Office
eXp Realty
Loan Amount:
$1,199,920
Estimated Monthly Payment:
$5,847
This is an estimate for informational purposes only. Consult with a financial advisor.
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