3540/3550 Shelbourne St, Saanich BC

Location matters the most when looking for an investment property. So, a chance to purchase a legally duplex-zoned property with great location should only be passed up after great consideration. Circled by UVIC (3.2km away), Camosun Collage (2.0km away), St. Michael University School (1.0km away), and Doncaster Elementary School (600m away), the total 4 units (each side of duplex has 3 bedrooms, 1 bathroom and 1 kitchen on one level) are able to produce the monthly income at $5,200 (no utility fee included), which makes the Cap Rate to 6 (net income/sale price). Do the math, only the number tells truth and makes sense.