Cheri Crause, REALTOR®

Phone: 250-213-6014

EMAIL

Rick Hoogendoorn, Marketing Manager

Phone: 250-882-1359

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Colevin Crause, PREC* REALTOR®

Phone: 778-679-6346

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Courtney Hutchings, REALTOR®

Phone: 250-507-0171

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SOLD (27/11/2020)

547 E Burnside Rd

Single Family Detached For Sale in Vi Burnside, Victoria

$1,169,000
  • 8 Beds
  • 4 Baths
  • 4,546 Sq. Ft.
  • Built 1947
Investor Alert! Excellent Revenue Property with gross rents $6400+month, with potential for being a Character Conversion project. This well looked after, updated, non conforming 4-unit home provides great revenue in todays marketplace. There's also an owner-used garage which could be rented out. Parking is normally a real issue with these types of properties - but not so here - rear lane access provides easy off street parking for 5 cars! This property is perfect for an investor looking for a turnkey property to take advantage of low interest rates. Many recent updates to the home include tankless hot water, flooring, and more. Gross annual income of over $77,000 and room for growth! Investment properties like this do not come along often, so act fast before it's gone.
Address 547 E Burnside Rd
List Price $1,169,000
Sold Date 27/11/2020
Property Type Residential
Type of Dwelling Single Family Detached
Area Victoria
Sub-Area Vi Burnside
Bedrooms 8
Bathrooms 4
Floor Area 4,546 Sq. Ft.
Lot Size 5500 Sq. Ft.
Year Built 1947
MLS® Number 854620
Listing Brokerage Royal LePage Coast Capital - Oak Bay
Basement Area Finished
Postal Code V8T 2X7
Tax Amount $5,937.00
Tax Year 2020
Features Baseboard, Electric
Amenities Cleared, Rectangular Lot