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
$4,934.00
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
