1845 Fairburn Drive

1845 Fairburn Drive
Saanich BC

1845 Fairburn Drive View1

Property Type

Multifamily
Property Size
8 458 Sq Ft
Available Space
8 458 Sq Ft
Opportunity Type
Sale
Price
CAD 1,888,888
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Building Description

The Property presents a very unique and rare opportunity to own and reside in a well-known Saanichcharacter mansion which generates significant secondary revenue. This investment property, which is situated on approximately 12,000 sf of freehold land, started construction in 1964 by the original owner who was a well-known local stone mason. The original exterior was heavy plaster over wood frame on a concrete foundation. In the 1980’s, the granite and shale course were added on mortar and mason’s mesh. The well thought-out design and attention to detail is evident throughout the Property.

Although none of the secondary suites are authorized as such, the house was designed to be and has been operated as a multifamily property for over 40 years.

The house consists of six (6) separate residential units varying in size, layout, finishings and number of bedrooms. Each suite has its own entrance(s) and unique characteristics, but all contain full kitchens with appliances (4/6 have dishwashers), and at least one large washroom. Each suite is also equipped with its own hot water tank and offers plenty of storage space for the tenants. There is a large common laundry room containing a modern washer and dryer for the entire house, which has proven adequate for everyone’s laundry needs.

The electrical capacity of the house is designed, and more than suffice to allow all appliances to be operating at the same time. The entire building, except the main suite, has electrical baseboard heat. The main suite has hot water heat sourced by a high capacity oil fired boiler, which is located on the exterior of the building, above ground, and mounted on a solid concrete slab.

The house was designed with ample storage and work areas where an owner can store tools, spare appliances, sundries, and building supplies.

The outside living space features over 2,500 sf of concrete patios, a herb garden, a large organic garden, two (2) outdoor fireplaces, three (3) parking spaces in the front concrete driveway, and a beautiful kidney shaped swimming pool.

Contact a Broker
David Venance_Commercial Real Estate Broker
David Venance

+1 604 267 2455

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