229 Island Hwy, View Royal, BC, V9B 1G3

House For Sale In View Royal, British Columbia

$1,350,000 QuickQuote^TM: Not Available

2 Beds

1 Bath

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229 Island Hwy, View Royal, BC - Outdoor With View

229 Island Hwy, View Royal, BC - Indoor Photo Showing Other Room

229 Island Hwy, View Royal, BC - Outdoor

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229 Island Hwy, View Royal, BC, V9B 1G3

$1,350,000

2 Beds

1 Bath

Property Information:

Explore the potential of this mixed residential development site in the picturesque View Royal! Encompassing 14,810 sq/ft, this property boasts a two-level home with recent updates. Positioned in a dynamic, growing area amidst new condominium constructions and nestled between a modern townhouse development and an older one, this site holds promise. The existing dwelling serves as an excellent investment, featuring two levels that cater to both rental income and potential owner occupancy. Conceptual plans are available for a 4-story apartment or a 10-townhouse development, adding versatility to the property. Currently, the home is a lucrative holding asset, generating $3,500/month in rental income. Situated in a highly walkable location, the property is just steps away from the 4 Mile Pub, parks, the galloping goose, schools, and the ocean. Whether you're heading to Vic General, CFB Esquimalt, or shopping destinations. Recent upgrades gas heating, foundation waterproofing, electrical.

Property Features:

Bedrooms: 2
Bathrooms: 1
Annual Tax Amount: $3,206
Accessibility Features:
Appliances: F/S/W/D
Architectural Style: Character
Basement: Unfinished, Walk-Out Access, With Windows
Building Features: Transit Nearby
Built in: 1937
Construction Materials: Stucco
Cooling: None
Exterior Features: Fenced
Fireplace Features: Living Room
Floor Space (approx): 1888 Square Feet
Flooring: Wood
Foundation Details: Other
Heating: Natural Gas
Interior Features: Dining/Living Combo, Soaker Tub
Laundry Features: In House
Lot Features: Central Location, Cleared, Easy Access, Level, Near Golf Course, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk
Lot Frontage: 14810 Square Feet
Lot Size: 14810.00 Square Feet
Other Structures: Storage Shed
Ownership: Freehold
Parking Features: Additional Parking, RV Access/Parking, Other
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Land Value Only, Resale
Property Sub Type: Single Family Detached
Road Surface Type: Paved
Roof: Asphalt Shingle
Water Source: Municipal
Zoning Description: Multi-Family
Sewer:
No. of Parking Spaces: 4

Rooms:

Kitchen Main Level 3.66 m x 3.35 m
Living Main Level 4.88 m x 3.66 m
Bedroom Main Level 3.66 m x 3.35 m
Other Main Level 2.13 m x 1.83 m Note: Entrance
Other Main Level 3.66 m x 2.13 m Note: Separate Storage
Other Main Level 2.74 m x 1.22 m Note: Deck
Other Main Level 5.49 m x 3.66 m Note: Separate Storage
Other Main Level 2.13 m x 1.22 m Note: Deck
Bathroom Main Level
Bedroom Main Level 3.66 m x 3.35 m

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Courtesy of: Fair Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Market Price Trends

Location of 229 Island Hwy, View Royal, BC, V9B 1G3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

23 hot days expected in 2050

Projected Storm Risk: Exteme

13 storms expected in 2050

Projected Heat Risk: Significant

23 hot days expected in 2050

24/100

Significant

ClimateCheck®

Current data

This property, 229 Island Hwy , experiences 7 hot days per year at around 26.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 29.9 degrees Celsius.

Projected Avg. Temperature

Past

26.9℃

2050

29.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

13 storms expected in 2050

87/100

Exteme

ClimateCheck®

Current data

This property, 229 Island Hwy , experiences 12 significant 2-day storms per year, with about 511.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 588.6mm of precipitation per year.

Precipitation Per Storm

Past

511.6mm

2050

588.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 229 Island Hwy, View Royal, BC, V9B 1G3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$117,476.19

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.78 %

High school certificate or equivalent

32.64 %

Apprenticeship trade certificate/diploma

10.03 %

College/non-university certificate

19.71 %

University certificate (below bachelor)

2.3 %

University Degree

26.53 %

Commuter

Travel To Work

By Car

74.32 %

By Public Transit

10.6 %

By Walking

5.79 %

By Bicycle

6.61 %

By Other Methods

2.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.92 %

Houses

78.08 %

Own Vs. Rent

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Property Information:

Property Features:

Rooms:

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Market Price Trends

Location of 229 Island Hwy, View Royal, BC, V9B 1G3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 229 Island Hwy, View Royal, BC, V9B 1G3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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