$1,295,000 (**% Above Victoria Average) (**% Below Victoria Average)

Single Family - Townhouse

547 Burnside Rd E , Burnside , Victoria , BC


  • 35 days on market
  • 1947 built
  • 4778 sqft | 443 m2
  • $271 per square foot
  • 8 bedrooms
  • 5 bath
  • Title: Freehold

Investor Alert! Excellent Revenue Property with gross rents ~$6300/month. This well looked after, updated, non conforming character home consists of 4 suites and a garage. There's also excess room on the lower level (another unit?). 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 pergect for an investor looking for a turnkey property to take advantage of low interest rates, or for someone who is handy and can increase gross revenue through improvements. Many recent updates to the home include tankless hot water, flooring, and more. Gross annual income of ~$75,600 and room for growth! Investment properties like this do not come along often, so act fast before it's gone. (id:38580)


You can also view the video here.



Land Information


  • Landscape Features: None, Cleared

Amenities


  • Parking Spots: 5

Building Information


  • Partially cleared, Rectangular
  • Heating: Electric, Baseboard heaters

Listing ID :  843327

Listing Courtesy of Colevin Crause of Royal LePage Coast Capital - Oak Bay and Cheri Crause of Royal LePage Coast Capital - Oak Bay

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Listing last updated on: July 31, 2020, 1:22 a.m..

Listing location
About Burnside

Burnside is a neighbourhood in Victoria with 4923 properties on record at Snap Up Real Estate. The average house price in Burnside is $787,967, the average condo price is $508,880, and the average rent is not available. There are 3 houses, 7 townhouses and 25 condos for sale on Snap Up Real Estate while there are 0 rentals of all types combined.