In the same family for over 30 years, this functional well laid out house is ready for new owners who have a vision for all the potential and opportunities this home and location offers. Oak floors (in great condition) throughout most of the main, double pane windows approx 10 years old, 2 fireplaces, 2 sunrooms, a partially developed basement awaiting your ideas for further development (there's a kitchenette already in place), and a sunny south facing rear yard with lots of fruit trees. Minutes from Hillside Mall and Shelbourne Plaza, UVIC, public transit, easy cycling routes and shops and services, this location is second to none! There are a number of newly renovated homes close by on this street and there's no question it's a developing neighborhood. RS-6 zoning may allow for further development of the property (Purchaser to verify). Priced below assessed value to reflect the need for some improvements, this represents an excellent opportunity for an astute buyer to build equity.
Address
1611 Elm St
List Price
$949,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Saanich East
Sub-Area
SE Cedar Hill
Bedrooms
3
Bathrooms
2
Floor Area
2,087 Sq. Ft.
Lot Size
7273 Sq. Ft.
Lot Size (Acres)
0.17 Ac.
Year Built
1961
MLS® Number
1011320
Listing Brokerage
RE/MAX Camosun
Basement Area
Partially Finished, Walk-Out Access, With Windows
Postal Code
V8P 2G6
Tax Amount
$4,973.00
Tax Year
2025
Features
Built-In Range, Carpet, Dining Room, Eating Area, Electric Garage Door Opener, F/S/W/D, Forced Air, Hardwood, Linoleum, Microwave, Oven Built-In, Oven/Range Electric, Vinyl Frames
Amenities
Balcony/Deck, Central Location, Family-Oriented Neighbourhood, Fencing: Full, Garden, Level, Near Golf Course, Quiet Area, Recreation Nearby, Southern Exposure, Storage Shed