A rare opportunity for income potential awaits! This well-maintained 1970s home sits on a spacious double lot with street access from Iris & Mina Avenues. Its layout is ideal for converting the lower level into a rental suite or multi-generational living. The large lot offers room for a garden suite with Mina Ave frontage & future potential for subdivision when new provincial policies come into effect. Located on a quiet, dead-end lane across from the 5-acre Marigold Park, it's perfect for families, with views of the park from the living room or front deck offering peace of mind. The home features 3 beds, 3 baths, 2 oversized living rooms with fireplaces & unfinished areas ready for conversion. The outdoor space includes a marble patio, tea garden, room for a garage or shop & a lovely forest of mature fir & oak trees. Ideal for industrious families or developers, the home is move-in ready with renovation potential. Bring your ideas to life or explore those curated by the current owner!
| Address |
1070 Iris Ave |
| List Price |
$1,295,000 |
| Property Type |
Residential |
| Type of Dwelling |
Single Family Residence |
| Area |
Saanich West |
| Sub-Area |
SW Strawberry Vale |
| Bedrooms |
3 |
| Bathrooms |
3 |
| Floor Area |
2,228 Sq. Ft. |
| Lot Size |
11239 Sq. Ft. |
| Lot Size Acres |
0.26 Ac. |
| Year Built |
1972 |
| MLS® Number |
976502 |
| Listing Brokerage |
Rennie & Associates Realty Ltd.
|
| Basement Area |
Full, Partially Finished, Walk-Out Access, With Windows |
| Postal Code |
V8Z 2N7 |
| Tax Amount |
$4,934 |
| Tax Year |
2023 |
| Features |
Aluminum Frames, Carpet, Dining Room, Dishwasher, Eating Area, F/S/W/D, Hot Water, Linoleum, Oil, Oven/Range Electric, Range Hood, Screens, Workshop |
| Amenities |
Balcony/Patio |
