3319 Fulton Rd Colwood, British Columbia V9C 2V1
$1,999,999
*Investment Opportunity in Colwood: Prime Half-Acre Lot with Fourplex* Situated on over half an acre, this easily sub-dividable lot presents an ideal canvas for smart investors. The existing non-conforming fourplex occupies half of the property, leaving the other half ready for additional development or sub-division. The existing dwelling comprises of two 3-bedroom units and two 2-bedroom units, offering a variety of rental options. There is separate paid laundry facility in a common area for tenant convenience. Individual meters for each unit make utility management straightforward and transparent. Enjoy peace of mind with recent upgrades, including a natural gas hot water tank, a newer furnace, and a newer roof and decks. Each unit possesses its own unique address, providing a sense of individuality and making the property management process seamless. Ample parking space is available, making it hassle-free for residents and guests. This property is strategically located in an area with a promising future. Colwood's recent expansion of Veterans Memorial Way is within walking distance, offering excellent connectivity and transportation options. Residents can easily reach Belmont City Centre, Westshore Mall, and public transit, enhancing their convenience and quality of life. This exceptional investment opportunity offers the best of both worlds: a stable and income-generating fourplex and the potential for further development or sub-division. Don't miss the chance to be a part of Colwood's growing real estate landscape. Contact me today to explore this versatile investment gem. *Buyer to verify any development or sub-division potential with local authorities.* (id:29647)
Property Details
| MLS® Number | 946286 |
| Property Type | Single Family |
| Neigbourhood | Triangle |
| Features | Wooded Area, Rectangular |
| Plan | Vip23983 |
| Structure | Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 10 |
| Constructed Date | 1974 |
| Cooling Type | None |
| Fireplace Present | No |
| Heating Fuel | Oil |
| Heating Type | Forced Air |
| Size Interior | 4638 Sqft |
| Total Finished Area | 4407 Sqft |
| Type | Fourplex |
Parking
| Stall |
Land
| Acreage | No |
| Size Irregular | 0.51 |
| Size Total | 0.51 Ac |
| Size Total Text | 0.51 Ac |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Balcony | 4 ft | Measurements not available x 4 ft | |
| Second Level | Balcony | 4 ft | Measurements not available x 4 ft | |
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Primary Bedroom | 11 ft | Measurements not available x 11 ft | |
| Second Level | Bedroom | 11 ft | 11 ft x Measurements not available | |
| Second Level | Bedroom | 10'8 x 9'11 | ||
| Second Level | Kitchen | 11'8 x 9'11 | ||
| Second Level | Dining Room | 13 ft | Measurements not available x 13 ft | |
| Second Level | Living Room | 12 ft | 12 ft x Measurements not available | |
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Primary Bedroom | 11 ft | Measurements not available x 11 ft | |
| Second Level | Bedroom | 11 ft | 11 ft x Measurements not available | |
| Second Level | Bedroom | 10'8 x 9'11 | ||
| Second Level | Den | 9'11 x 5'11 | ||
| Second Level | Kitchen | 11'8 x 9'11 | ||
| Second Level | Dining Room | 13 ft | Measurements not available x 13 ft | |
| Second Level | Living Room | 13 ft | 13 ft x Measurements not available | |
| Lower Level | Bedroom | 10'11 x 9'11 | ||
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Bedroom | 10'11 x 9'11 | ||
| Lower Level | Kitchen | 10 ft | Measurements not available x 10 ft | |
| Lower Level | Dining Room | 12'11 x 10'3 | ||
| Lower Level | Living Room | 12'11 x 15'4 | ||
| Lower Level | Entrance | 4' x 4' | ||
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Primary Bedroom | 10'11 x 11'2 | ||
| Lower Level | Bedroom | 10'11 x 9'11 | ||
| Lower Level | Kitchen | 10 ft | Measurements not available x 10 ft | |
| Lower Level | Dining Room | 12'11 x 10'3 | ||
| Lower Level | Living Room | 12'11 x 15'4 |
https://www.realtor.ca/real-estate/26186671/3319-fulton-rd-colwood-triangle
#301-1321 Blanshard St
Victoria, British Columbia V8W 0B6
(833) 817-6506
www.exprealty.ca/
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Victoria Real Estate Board
Exp Realty
October 18 2023 05:04:23
