Single Family Residence located in Saanich East - SE Lake Hill, V8X 2L3
1793 sqft, 4 Beds, 2 Baths
MLS #976165
Listed by Jerome PeacockPemberton Holmes - Cloverdale
Listed by Jerome PeacockPemberton Holmes - Cloverdale - Listed On: September 17, 2024
- Built in: 1968
- Type: Residential
- Cooling: None,
- Heating: Forced Air, Oil,
- Fireplaces: 1
- Basement: Full, Walk-Out Access, With Windows,
- Foundation Details: Concrete Perimeter,
- Lot Size: 0.19 acres
- Total Parking: 1
- Parking Features: Carport, On Street,
- Features: Pie Shaped Lot, Shopping Nearby,
- Zoning: RS-6
Description
Investment opportunity! Could this be the perfect "sweat equity" home? Or perhaps a great location to develop this RS-6 lot with "Small-Scale Multi-Unit Housing" per Saanich's new housing mandate and bylaws? Interior of existing home needs thorough renovation, but layout has great suite potential. Total of 1,991 sq.ft. to renovate to your taste and needs. Close to shopping, transportation to UVIC and downtown. Excellent rental property location. With interest rates dropping and inflation under control, could now be a good time to invest in a renovation or redevelopment project?