3 Bedrooms
1 Bathroom
0 Driveway, On Street Parking
943 sqft
$999,900
About this House in Jubilee
Rare opportunity with this charming rancher located in Victoria just 300ft from Oak Bay. Level 50’x106’ property backing into Redfern park. Close to Red Barn Market, Xmas Truck Parade/events, Oak Bay Rec, Save-on-Foods and within walking distance to excellent schools such as Willows, Monterey and Oak Bay High. Great long term rental holding property with zero vacancy, or development opportunity. No easements or covenants on title to restrict building footprint or …development. With a single month to month tenancy paying $40,800+ utilities annually (eligible for 3.5% rental increase), this is a secure income stream that doesn’t rely on unauthorized suites or conflict management between multiple tenants. With the land’s tax assessed value alone surpassing $1M, the upside potential is significant. Upgrades in 2021 to support longer term rental viability, see supplements for list of changes. This lot and location doesn't come up often at this price, book your showing today!Exterior Features Of 1732 Amphion, Jubilee, Victoria
Fencing: Partial, GardenOther Structures At 1732 Amphion, Jubilee, Victoria
Storage ShedLot Features Of 1732 Amphion, Jubilee, Victoria
Cleared, Easy Access, Family-Oriented Neighbourhood, Level, No Through Road, Quiet Area, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Listed by Alexandrite Real Estate Ltd..
Rare opportunity with this charming rancher located in Victoria just 300ft from Oak Bay. Level 50’x106’ property backing into Redfern park. Close to Red Barn Market, Xmas Truck Parade/events, Oak Bay Rec, Save-on-Foods and within walking distance to excellent schools such as Willows, Monterey and Oak Bay High. Great long term rental holding property with zero vacancy, or development opportunity. No easements or covenants on title to restrict building footprint or development. With a single month to month tenancy paying $40,800+ utilities annually (eligible for 3.5% rental increase), this is a secure income stream that doesn’t rely on unauthorized suites or conflict management between multiple tenants. With the land’s tax assessed value alone surpassing $1M, the upside potential is significant. Upgrades in 2021 to support longer term rental viability, see supplements for list of changes. This lot and location doesn't come up often at this price, book your showing today!
Exterior Features Of 1732 Amphion, Jubilee, Victoria
Fencing: Partial, Garden
Other Structures At 1732 Amphion, Jubilee, Victoria
Storage Shed
Lot Features Of 1732 Amphion, Jubilee, Victoria
Cleared, Easy Access, Family-Oriented Neighbourhood, Level, No Through Road, Quiet Area, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Listed by Alexandrite Real Estate Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®: 956112
- Bedrooms: 3
- Bathrooms: 1
- Type: House
- Square Feet: 943 sqft
- Lot Size: 5,300 sqft
- Taxes: $4,660 (2023)
- Parking: 0 Driveway, On Street
- Fireplaces: 1
- Year Built: 1950
More About Jubilee, Victoria
lattitude: 48.429296
longitude: -123.324069
V8R 4Z7