971-973 LOVAT AVENUE

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$1,449,000
971-973 LOVAT AVENUE
Saanich, British Columbia V8X1V4
MLS® Number: 1030461
6Beds
4Baths
2,796Sq Ft
6Parking
1958Year Built
Single FamilyType

About This Property

Meticulously maintained, owner-occupied full duplex featuring gleaming original oak floors, classic coved ceilings, and quality infrastructure upgrades. This well-built 1958 side-by-side home blends timeless character with thoughtful modern updates, including kitchens, baths, vinyl windows, heating and electrical upgrades, EV charger and interior and exterior paint. Offering excellent flexibility, this duplex with in-law suite is ideal for multi-generational living, investors, or future development on a large, level 14,479 sq ft lot. The South facing fenced yard is perfect for kids to play and a true gardening dream. The 971 side features 3 beds and 2 baths over two levels, while the 973 side offers 2 beds, 1 bath up and a 1 bed, 1 bath lower in-law suite, currently being used as one home. Centrally located with convenient access to Uptown and Mayfair malls, as well as quick routes to both the Peninsula and up-island, this property makes daily commuting and errands effortless. Both sides include attached garages with separate driveways providing ample parking. An ideal opportunity to live in one side while generating income on the other, or hold as a strong investment property with solid cap rate potential. A versatile and valuable asset for any buyer, so act fast! (id:64973)

Rose's Thoughts
Rose Marie Manno

The $518 per square foot price tag for this 1958 Saanich duplex is competitively priced compared to the local market, offering a balance of character, functionality, and recent upgrades. With six bedrooms, an in-law suite, and a low strata fee, this property presents a compelling investment opportunity for multi-generational families or those seeking rental income potential.

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Property Details

Bedrooms6
Bathrooms4
Living Area2,796 sq ft
Lot Size14479 (14,479 square feet)
Year Built1958
Property TypeSingle Family
Parking6
HeatingHeat Pump, Baseboard heaters, Forced air, Electric
CoolingAir Conditioned
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer
Annual Taxes$6,558
CitySaanich
Postal CodeV8X1V4
MLS® #1030461

Location

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