Acreage For Sale in Victoria, BC - 10 bed, 6 bath (4420 Wilkinson Road) - $2,450,000


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Acreage / Commercial Space / Detached House / House / Land For Sale in Victoria, BC - 10 bed, 6 bath

Main Features

10 Bedrooms
6 Bathrooms
5,000 Square Feet
4.4 Lot Size
2 Stories
Attached Garage
Built in 2008

The Basics

  • Price: $2,450,000
  • Property Type: Acreage / Commercial Space / Detached House / House / Land
  • Ad Type: For Sale
  • Listing ID: 146993

Location

  • Address: 4420 Wilkinson Road
  • City: Victoria
  • Province/State: British Columbia
  • Postal/ZIP Code: V8Z 5B7
Property Description
Other Features
Map Location
Mortgage Calculator
Contact Seller

This is the smart alternative for housing your Victoria Employees

First time on the market for this large unique property in the heart of Greater Victoria, its well suited for :

a) A large family looking for a private yet convenient space

b) A company looking to house their employees, equipment, tools, inventory and or vehicles.

c) A growing operation like cannabis , which can build large outbuildings for production and house the employees on site

d) An investor looking to buy and lease out and hold for eventual development potential. / 4..4 % cap rate if rented for $10k pm. / assumable first mortgage with a 3-year fixed term remaining at 2.5%

This 4.4-acre property is well situated and convenient to all amenities as it's at the centre of all municipalities and is only 15 minutes to downtown Victoria, Sidney and Western communities.

The land is flat, sunny with all day exposure and is positioned on a roadway that enjoys a recent $6 million dollar improvement to the streetscape with new bike lanes, sidewalks, landscaping, a bus stop at the end of the laneway and is connected to miles of nature trails.

All within a 10-minute walk to Commonwealth pool, Camosun College, Technology Park, Layritz ball fields and Royal Oak shopping centre and 2 churches.

Zoned A-1 and in the ALR which allows for multiple uses included an excavation company, on city water and upgraded septic system, sewer and gas on the street.

The house could be expanded up to 10,000 sqft and additional outbuildings can be built and there's a complete material package on site for a 32 'x24 ' shop included, as well as additional lumber, 2 Ford F-150S, and new 0 turn TORO mower.

The main house on the property is a 5,000 sqft, 2008 build home which has 7 /8 bedrooms and 5 bathrooms and double garage.

Consists of 3 separate and self-contained units with separate entrances and parking, 1- 4 bedroom, 2 - 3 bedrooms and can come fully furnished.

Each could be occupied/rented or it can be used as a home as each unit has a common entrance to the main house.

The cottage to the front of the property is 1200 sqft, 600 sqft basement, mudroom, 2 bedrooms, high ceilings, wood floors and 5 appliances, garden areas established and the house is on separate water and power meter with city water and septic.

The owners are selling to build a new home and this property can be available as soon as May 1 ,2019.

Each unit has 5 appliances included and could be vacant or fully tenanted with potential rents being $10,000 + a month.

Municipally assessed for $ 2.2 million

Offered at $2.45 Million ( .)

This Property Also Includes:

Fireplace Included
Home Theatre Included
Walkout Included
Guest Suite Included
Legal Suite Included
Private Entrance Included

Approximate Map Location*

4420 Wilkinson Road, Victoria, British Columbia, Canada   V8Z 5B7

DIRECTIONS   (Click Here)
STREET VIEW   (Click Here)

* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.
Seller Name: Nathan Wood
Contact this Seller at 250-661-3717
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