Legal non-conforming 1909 character duplex located on a prominent corner in Oak Bay with laneway access. Tremendous potential as a holding for re-development. Close to schools, shopping, and across from commercial and multi-family apartments. Zoned RM-3 (3-story apartment). Upgraded over the past several years with vinyl glazed windows, roof, 200amp service with separate meters, and laundry for each suite. The main suite provides 3 bedrooms and 1.5 baths on 2 levels and is occupied by long-term tenants ($1792 plus utilities), the upper suite is light and bright with 3 skylights and provides one bedroom and a large living room and kitchen, and is vacant. Character features include wood moldings and mantles and stained glass. The property is partially fenced and private from the road. Laneway parking provides additional revenue potential for daytime local area businesses. Tenanted please do not access property without listing agent's consent.
Address |
2090 Cadboro Bay Rd |
List Price |
$1,725,000 |
Property Type |
Residential |
Type of Dwelling |
Full Duplex |
Area |
Oak Bay |
Sub-Area |
OB North Oak Bay |
Bedrooms |
4 |
Bathrooms |
3 |
Floor Area |
2,736 Sq. Ft. |
Lot Size |
6210 Sq. Ft. |
Year Built |
1909 |
MLS® Number |
933928 |
Listing Brokerage |
Newport Realty Ltd.
| eXp Realty
|
Basement Area |
Partially Finished, Walk-Out Access, With Windows |
Postal Code |
V8R 5G6 |
Tax Amount |
$4,430 |
Tax Year |
2022 |
Features |
Baseboard, Carpet, Electric, F/S/W/D, Vinyl Frames |
Amenities |
Central Location, Corner Lot, Fencing: Partial, Garden, Irregular Lot, Level, Low Maintenance Yard, Storage Shed |