3855 Cedar Hill Road offers a broad range of possibilities. House has a generous sized four bedroom upper unit, and a nicely appointed two bedroom lower unit with a fenced, private back yard. Both garner attractive rents and there is never a vacancy ($4800 a month in total- $57,600 annually). Strategic corner site with almost 10,000 square feet offering downstream development potential. Shelbourne Valley Community Plan allows for an apartment building to be built on site. There is also room for an RS-2 small lot out front or consider a separate carriage house. Work done in past 12-18 months- Exterior and part of interior painted; new kitchen and appliances and two refurbished bathrooms in upper unit; gas installed along with furnaces in both upper and lower unit; electrical upgraded; new fencing, deck and storage shed; roof quite new. A rare turnkey offering for a savvy investor or for a family looking to have a solid mortgage helper. Close to UVIC, Cedar Hill Recreation Centre.
| Address |
3855 Cedar Hill Rd |
| List Price |
$1,199,000 |
| Sold Date |
14/03/2021 |
| Property Type |
Residential |
| Type of Dwelling |
Single Family Detached |
| Style of Home |
Character |
| Area |
Saanich East |
| Sub-Area |
SE Cedar Hill |
| Bedrooms |
6 |
| Bathrooms |
3 |
| Floor Area |
2,882 Sq. Ft. |
| Lot Size |
9556 Sq. Ft. |
| Year Built |
1953 |
| MLS® Number |
869265 |
| Listing Brokerage |
Engel & Volkers Vancouver Island - Victoria
|
| Basement Area |
Finished |
| Postal Code |
V8P 3Z6 |
| Tax Amount |
$4,307.00 |
| Tax Year |
2020 |
| Features |
Baseboard, Carpet, Dining Room, Eating Area, Electric, F/S/W/D, Hardwood, Laminate, Linoleum, Microwave, Storage, Window Coverings |
| Amenities |
Balcony/Deck, Balcony/Patio, Corner Lot, Family-Oriented Neighbourhood, Fencing: Full, Fencing: Partial, Primary Bedroom on Main, Rectangular Lot, Shopping Nearby |
