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Renanza Realty
For sale

3104-3106 Richmond Rd

Saanich, British Columbia

MLS® 1041746

$1,499,900

Status
Active
Property type
House
MLS® number
1041746
Bedrooms
6
Bathrooms
2
Year built
1940

Listing description

Outstanding investment opportunity in the popular Richmond/Lansdowne area! This side-by-side duplex generates approx. $7,000/month plus utilities from long-term leases, with excellent development potential.

Each unit features 3 bedrooms (1 on the main, 2 up), bright living/dining areas, modern kitchens, and efficient gas furnaces. Spacious lower levels include garage/basement areas with suite potential. One side already improved with new flooring and a framed-in laundry room.

Renovated in 2017 with thermal-pane windows, kitchens & baths, plus recent upgrades including new blinds and washer/dryers. Parking for up to 3 vehicles per side via quiet Frechette St cul-de-sac. Ideally located near Hillside Mall, schools, Camosun & UVIC for strong rental demand.

With opportunities to add basement suites and explore a Mullti plex with 4-6 units total potential, this is a turn-key income property with growth upside a rare offering not to be missed!

Property summary

MLS® number
1041746
Property type
Single Family
Building type
Duplex
Square footage
2,454 sq ft
Title
Freehold
Land size
6160 square feet
Built in
1940
Annual property taxes
$5,787.71
Parking
6 spaces
Days on market
81 days

Features & details

Heating
Forced air, Natural gas
Cooling
None

What would this home cost you?

Based on the $1,499,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,979 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty, Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.