971-973 Lovat Ave, Saanich
Meticulously maintained, owner-occupied full duplex featuring gleaming original oak floors, classic coved ceilings, and quality infrastructure upgrades. This well-built 1958 side-by-side home blends timeless character with thoughtful modern updates, including kitchens, baths, vinyl windows, heating and electrical upgrades, EV charger and interior and exterior paint. Offering excellent flexibility, this duplex with in-law suite is ideal for multi-generational living, investors, or future development on a large, level 14,479 sq ft lot. The South facing fenced yard is perfect for kids to play and a true gardening dream. The 971 side features 3 beds and 2 baths over two levels, while the 973 side offers 2 beds, 1 bath up and a 1 bed, 1 bath lower in-law suite, currently being used as one home. Centrally located with convenient access to Uptown and Mayfair malls, as well as quick routes to both the Peninsula and up-island, this property makes daily commuting and errands effortless. Both sides include attached garages with separate driveways providing ample parking. An ideal opportunity to live in one side while generating income on the other, or hold as a strong investment property with solid cap rate potential. A versatile and valuable asset for any buyer, so act fast! (id:62865)
Status
Active
Year Built
1958
Property Type
Duplex
Ownership
Freehold
Parking Spaces
6
Annual Tax
$6,558
Zoning
Residential
Data Source
Victoria Real Estate Board
Bedrooms
6
Bathrooms
4
Living Area
2796 square feet
Architectural Style
Westcoast
Appliances
Lot Size
14479.0 sqft
Lot Features
Heating
Heat Pump, Baseboard heaters, Forced air, Electric
Cooling
Air Conditioned
$1,449,000
Office
RE/MAX Camosun
Loan Amount:
$1,159,200
Estimated Monthly Payment:
$5,649
This is an estimate for informational purposes only. Consult with a financial advisor.
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