7 Bed Single Family Detached in Saanich East


1585 Sheridan Ave
MLS® NO: 851017


Investment opportunity with tenants already in place. Over 5% NET cap rate. Rental income is $5,200 / month with tenant paying hydro and municipal utilities. Single tenancy agreement for reduced landlord hassle. Well built and well maintained house in an excellent rental location with amazing access to UVIC and transit, and lots of off street parking.


Property Type:Single Family Detached
Title of Ownership:Lot A, Plan VIP47273, Section 41, Victoria Land District
Layout:Ground Level Entry With Main Up
Tax Year:2019
Finished Sq. Ft.:2,578
Year Built:1989

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Interior Details

Bedroom(s): 7
Bathroom(s): 3
Basement Type: Finished, Walk-Out Access, With Windows
Basement Description: 1
Interior Features: Eating Area
Appliances Included: Dishwasher, F/S/W/D

Building Details

Foundation: Poured Concrete
Roof: Asphalt Shingle
Heat/Air: Baseboard, Electric

Site Influences

Lot SqFt: 7,167
Acres: 0.16
Water: Municipal
Waste: Sewer To Lot
Zoning: Res
Parking: Driveway
Lot Features: Cul-de-sac, Irregular Lot, Level

Room Dimensions

Level 1 - 1,323 sqft

Level 2 - 0 sqft

Level 3 - 1,255 sqft

Property Details

Beds: 7
Baths: 3
Sq. Feet: 2,578
Year Built: 1989
Property Type: Single Family Detached
Municipality: Saanich East

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Listed with:

Nick Wise - The Agency
Phone: 250-744-9473

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.