3855 Cedar Hill Rd, Saanich East

$999,000

6 Beds
3 Baths
2,823 Sqft
.22 Acres
0 Garages

Fantastic investment property located in the up and coming neighbourhood of Cedar Hill. Currently earning rent of $4000/month, this home features 2 bedrooms downstairs and 4 bedrooms up. The downstairs has undergone a lovely reno with a gleaming eat-in kitchen, french doors to a sweet patio area and updated flooring throughout. Recessed lighting, renovated bathroom with insuite laundry and a nice master with large closet complete this downstairs suite. Opportunities upstairs for a nice renovation make the idea of living upstairs in a 4 bedroom home and getting rental income from downstairs very appealing. You'd be rewarded with views and a bright home at the end of the work. Bonus of this property is the possibility of subdividing a lot (check with Saanich) as this corner lot is over 9500 sq ft. You'll love the location - walk to UVic, Fairway Market, restaurants and more - but it's the opportunity for future income that make this a property not to miss.

Essential Information
MLS® #410659
Price$999,000
Bedrooms6
Bathrooms3.00
Square Footage2,823
Acres0.22
Year Built1953
TypeResidential
Sub-TypeSingle Family Detached
StyleCharacter
StatusCurrent
Community Information
Address3855 Cedar Hill Rd
SubdivisionSE Cedar Hill
CitySaanich East
ProvinceBC
Postal CodeV8P 3Z6
Amenities
Parking Spaces3
ParkingDriveway
Interior
HeatingBaseboard
FireplacesLiving Rm
Interior Features

Dining Area, Flrs/Laminate, Flrs/Lino, W/W Carpet, Storage In Suite, Wndw/Covrngs

Exterior
ExteriorAsbestos Shingle
Lot DescriptionView: Mtn
RoofAsphalt Shingle
ConstructionFrame Wood 2x4
FoundationConcrete Poured
Exterior Features

Fenced Yard/Full, Fenced Yard/Part

School Information
Elementary61 Doncaster
Middle61 Cedar Hill
High61 Mt Douglas
Additional Information
Date ListedMay 13th, 2019
ZoningResidential
Listing Details
OfficeNewport Realty Ltd.
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