Just west of downtown Victoria in Esquimalt, this 2 bedroom + den, strata townhome is a lucrative opportunity for flippers or buy-and-hold Investors!! This property is part of a small, 4-unit strata that has no rental restrictions!! With only a coat of paint in the bathroom and kitchen, this property could be ready for the rental market or could shine on the MLS and fetch top dollar after only a few minor cosmetic upgrades!! The Victoria real estate market is on fire: sale prices for 2-bed townhomes are up 25% year over year. Don’t miss this opportunity to get into this fast growing market at a reasonable price!!
We are selling our assignable purchase contract.
Closing is February 14th, 2022
*As per our APS, the Seller is permitted to shorten the closing 1 time by up to 30 calendar days. If the Seller is to shorten the closing date, they must provide written notice at least 15 calendar days before the new closing date.*
**As per our APS, the Seller will be permitted to live on the premises for no later than 90 calendar days after closing. The rate will be $66/day (excluding utilities, which shall be in the Seller’s name). $5940.00 will be held back by the Seller’s lawyer in trust as compensation for the Seller’s stay and damage deposit. Once the Seller has vacated the property and left it in reasonable condition, the remaining balance, if any, of the holdback shall be released to the Seller within 2 business days.**