491/493 Foster St

Excellent investment opportunity! Unique, side by side full duplex in the beautiful Saxe Point neighbourhood, only 10 min. drive to downtown Victoria. Fantastic location, just steps to the ocean! Each side offers 1786 sf of functional above ground living space with good ceiling heights. Property is perfect for an investor or a 1st time home buyer who can live in one side & rent out the other half for a good mortgage helper. Much better than buying a house with a basement suite. Sample calculations used $525,000 as the mortgage amount, 30 yrs amortization with a 5 yrs variable rate of 2.5% shoes that the monthly mortgage payment would be only approx. $2,071/mnth. Each side should be able to rent out for $1,500/mnth. Great Buy!!

491/493 Foster St
Freehold
Revenue Duplex
$639,000
$585,000
March 2014
Es Saxe Point
326955
Re/max Alliance
3,574
8
4
1969
V9A 6R6

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Manpreet Kandola RE/MAX Alliance Phone: 250-386-8875 Mobile: 250-813-1705