1320 Pandora Ave, Victoria | $1,099,900

NEW LISTING - FIXER UPPER: Mortgage Helper - Single Family home with excellent development options. A Short or Long term hold property perfect for Developers! This property has the potential for development of a 6-Plex. Currently configured with three separate suites, and easily converted back single family home with suite, this property offers a great revenue return. Three suites: 2 bedroom + 1 bathroom on the main level; a 2 bed +1 bath on the lower; a 1 bedroom + 1 bathroom garden suite. NOTABLE:updated kitchen, stainless fridge, white cabinets & subway tile; 3 updated bathrooms w soaker tub, glass shower, tile floors; laminate floors; some new windows; blinds, concrete steps & large patio; roof replaced in 2019. Fenced yard with plenty of parking + RV. Potential here to earn $60,000+ p/annum in rent. The 6000 sqft lot is currently zoned R2 and the adjoining lot of the same size has a current rezoning and building permit application with the city to redevelop to 4 townhomes.

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Description

NEW LISTING - FIXER UPPER: Mortgage Helper - Single Family home with excellent development options. A Short or Long term hold property perfect for Developers! This property has the potential for development of a 6-Plex. Currently configured with three separate suites, and easily converted back single family home with suite, this property offers a great revenue return. Three suites: 2 bedroom + 1 bathroom on the main level; a 2 bed +1 bath on the lower; a 1 bedroom + 1 bathroom garden suite. NOTABLE:updated kitchen, stainless fridge, white cabinets & subway tile; 3 updated bathrooms w soaker tub, glass shower, tile floors; laminate floors; some new windows; blinds, concrete steps & large patio; roof replaced in 2019. Fenced yard with plenty of parking + RV. Potential here to earn $60,000+ p/annum in rent. The 6000 sqft lot is currently zoned R2 and the adjoining lot of the same size has a current rezoning and building permit application with the city to redevelop to 4 townhomes.

General Info

MLS Listing ID: 971410 Bedrooms: 5 Bathrooms: 3 Year Built: 1946
Parking: N/A Heating: Baseboard heaters Lotsize: 5940 sqft Air Conditioning : None

Amenities/Features

  • Central location
  • Curb & gutter
  • Level lot
  • Private setting
  • Southern exposure
  • Other
  • Rectangular
  • Marine Oriented

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .