737 Princess Ave, MLS# 386074, Victoria
$70,000 NET REVENUE Character Home @ Bargain Price! Vendor will take-back 2nd mortgage for 5yrs @ same terms as $380K TD bank 1st mortgage assumption Prime+1 open! Fantastic Residential Rental Property beneficially held by Holding Company (no PPT due); 20% Down($115K)!! Live in roomy 5-bed Character style main-floor (w/ 10-foot ceilings) & generate excellent revenue from in-law accomm; renovated top to bottom retaining many character features. Conveniently located in Downtown core. Property has future re-development potential as it falls within the “Core Employment” land use designation permitting high density, high-rise (6’ to 1’ Density), mixed use/work-live developments. Act NOW on this blue chip amazing opportunity it will not last!
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