Revenue Opportunity $350,000
Handyman Wanted! Bring your tool belt and renovation ideas to this revenue property. Ocean views were there from the main floor's dining room and living room and from the covered sundeck and can be brought back by cutting back the trees! This 2500 sq.ft. home includes 3 suites: 1 & 2 bedroom suites down & 3 bedroom, 2 bathroom suite on the main floor. 200 amp service with 3 separate sub services. 3 separate electric water heaters. Featuring a 5 bay garage/shop with 2 - 8'x12' glass overhead doors, florescent lighting and 220 amp outlet for a welder. This is the ideal property for anyone needing a huge shop! Zoning is C-4 and allows for tourist accommodation. Currently long term tenant occupied and rents for a total of $1900/month (2 of the tenants want to stay). Live in the 1 bedroom and keep $1500 per month from the other 2! Close to Victoria, Westshore and Shawnigan Lake/Mill Bay. First time on the market in over 20 years and with a lot of sweat equity this property could be turned into a rental revenue gem.