737 Princess Ave, MLS# 386074, Victoria

588888
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MLS® #: 386074
737 Princess Ave
Victoria BC V8T 1K5
588888
11 3

$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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Property Overview

Downtown Victoria Victoria Victoria 737 Princess Ave BC V8T 1K5
386074 588888 11 3

Property Specifications

61 George Jay 2810 sq. ft. 0.04 acres
1910 64 ft.

Building Features

Concrete Poured Balcony/Deck, Fenced Yard/Part Baseboard
City/Munic. Sewer Finished - Fully, Walk-out, With Windows, See Remarks

Alex BurnsLevel 2 RE/MAX Alliance

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