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1281 Cherry Point Rd
Cobble Hill, BC V0R 1N2

$995,000

Beds: 6
Baths: 5
Sq. Ft.: 4,002
Type: Single Family Home
Listing #420897
Opportunity knocks and here it is...This is a well located revenue property with a decent source of income or develop this 2.7 acre OCEAN VIEW property. The property has been in the same family for generations and has 3 rental units existing. The properties surrounding this one have been developed and this one is a good candidate as well. The lay of the land has approx 1.25 acres of flat usable land and then there is a ravine with the balance. The zoning allows for future development so bring your ideas. The views are tremendous so anything done here will be a winner. The rentals units consist of three 2 bedroom units with lots of opportunity to make them so much more as well as multiple outbuildings that make this property a real winner. There is a listing information package available upon request.
Property Features
Location Information
District: Malahat & Area
Latitude: 48.732357
Longitude: -123.590517
Map Area: Cobble Hill - ML
Interior Features
Rooms: Bathroom, Bedroom, Dining, Ensuite, Entrance, Family, Kitchen, Laundry, Living, Mast Bdrm
Full Baths: 5
Kitchen Description: 3
Heating: Baseboard
Basement Description: Finished - Partially
Exterior Features
Style: Character
Stories: Other
Siding: Stucco, Wood
Foundation: Concrete Poured
Roof: Fibreglass Shingle
Possession: TBA
Septic or Sewer: Common Septic System
Water: City/Munic.
Parking Type Feature: Garage Double
Has Garage: yes
Lot Size in Acres: 2.7
Lot Size in Sq. Ft.: 117, 612
Zoning: Residential
Additional Information
Property Type: SFR
Property SubType: Single Family Detached
Year Built: 1950
APN: 009-093-613
Status: Current
Pets: Aquariums, Birds, Caged Mammals, Cats, Dogs
Tax Year: 2018
Tax Amount: 5, 187.63


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of Pemberton Holmes - Cloverdale
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VREB - Victoria data last updated at February 12, 2020 8:39 AM PT