About This Property
Imagine owning one of Victoria's most coveted addresses — tucked away on a quiet, meandering street canopied by mature trees — and having your neighbours essentially cover half your mortgage. That's the reality at 3511 Salsbury Way. This beautifully updated 1947 character home sits in one of Saanich's most sought-after pockets, offering the kind of setting you drive through and think: *I want to live here.* **2 income-gen suites — combined rental income effectively offsets ~$500K of mortgage, bringing true carrying cost closer to a $1M purchase.** Main floor living features 4 bedrooms (2 w/deck access), 2 full bathrooms, separate living, dining & kitchen. Character details: cove ceilings, oak inlaid & fir floors, rounded corners, beautiful mantle, wood doors & era glass knobs. 1 wood-burning fp + 1 two-sided gas fp, picture windows. Updated kitchen w/stone countertops, grand island, breakfast nook, SS appliances & 5-burner gas stove. Primary bedroom w/built-in vanity & 2 closets. Total: 3 kitchens, 2 laundry, 4 bathrooms, ample storage. Fully fenced/gated yard, 4 decks, 2-car garage/workshop, carport, RV/boat parking. Updates: windows, kitchen, appliances, landscaping, paint, gutters, roof demoss, chimney re-pointed ~8 yrs, 200-amp, gas boiler w/radiators 2013, HW tank 2018. Close to Cedar Hill Chip Trail, Mount Douglas, schools, downtown, Uptown & highway access. Easy to view. (id:64973)
At $450 per square foot, this Saanich home is priced competitively compared to the local market average. The two income-generating suites make this property an excellent choice for investors seeking passive rental income to offset a significant portion of the mortgage.
3D Virtual Tour
Video Tour
Property Details
Location
Interested in buying in Saanich?
Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.