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    2444 Lovell Ave




    Beds: 6

    Baths: 2

    Finished Size: 3175 sqft

    Lot Size: 7314 sqft, 0.168 acres

    Finished: 3175 ft

    Lot: 7314 ft

    2, 0.168 acr

    MLS®: 400395



    Partially Finished, Full, Walk-out, With Windows

    Building Information

    Year Built: 1969

    Fuel: Oil

    Heating: Forced Air

    Foundation: Poured Concrete

    Roof: Torch-on

    Exterior: Stucco

    Other Information

    Lot Shape: Irregular

    Taxes: $4098

    Parking Type: Driveway, Single Garage

    Lot Features: Water View


    Elementary: 63 Sidney

    Junior: 63 North Saanich

    Senior: 63 Parkland

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    Very strong Sidney location for this revenue property. Located just one house off the ocean and an 18 min walk to Beacon Ave this back to front duplex (legal non-conforming) borders on 2 streets very desirable streets – Lovell and Whidby. The property offers good options for the investor or homeowner who wants to live on one side and rent the other legal suite. The Lovell side is rented for $1,900 and the Whidby side for $1,635 which is well below market with both tenants paying all utilities. Gross rent = $42,260 per year and nets approx. $34,859. With market rents we estimate a gross income of $46,800 and a net of approx. $39,239. Both sides have 3 bedrooms, could easily be 4 on the Whidby side and are in tidy condition. Showings are by Appointment Only with min. 24 hours notice required.
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