Very Interesting - A Full Duplex in Fairfield East with 4 Kitchens for $1,275,000 for

Who wants to go see this Interesting Shared Home Ownership Opportunity

Fairfield / Oak Bay Border Duplex.....see attachments below

Here’s an interesting property that may be worth a closer look for anyone thinking creatively about shared home ownership or co-ownership closer to the Oak Bay Village.

The Realtor’s comments describe it as a charming character duplex located near the Fairfield and Oak Bay borders. It is currently functioning as a duplex, with additional accommodation on the lower level, and could potentially be converted back to a single-family home if desired.

The home offers many character features, including hardwood floors, a wood-burning fireplace, a wood stove, and a large covered back deck for outdoor living. The location is excellent — close to Oak Bay Avenue shops, schools, parks, shopping, and the Oak Bay Recreation Centre.

A few quick thoughts from me:.............................

I have not viewed the home yet, but at approximately 2,741 sq ft with four kitchens, there must be some very interesting possibilities here. Two of the kitchens should relate to the legal duplex use, and the additional accommodation may create flexibility.

The opportunity I see is this:

There may be a way to structure the home into two solid legal living units, which could make the cost per unit more reasonable by Victoria standards. For the right buyers, this could be an excellent candidate for shared ownership, multi-generational living, or a co-ownership arrangement where each party has their own private space.

So if this gets your blood moving and your creative juices flowing, let me know. I’d be happy to arrange a viewing.

Talk soon,

David Hale PREC

250-812-7277

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Very Interesting - A Full Duplex in Fairfield East with 4 Kitchens for $1,275,000 for