Exceptional investment opportunity with nearly $4,000/month in rental income and an excellent long-term tenant. Welcome to Unit 506 at 420 Linden Avenue, a rare offering in the heart of Fairfield for the discerning 55+ buyer seeking comfort, quality, and walkability. Situated in a well-managed steel and concrete boutique building just steps to Cook Street Village, Beacon Hill Park, the waterfront, shopping, and transit. This northwest-facing 2 bed, 2 bath suite is filled with natural light, with warm afternoon sun flowing through the enclosed sunroom and the main living areas. Functional layout featuring a spacious kitchen, breakfast nook, brand new in-suite washer & dryer, and inviting living room with wood-burning fireplace. Easy-care laminate flooring throughout the main living areas, with cozy carpet in the primary bedroom. Currently tenanted by an excellent long-term tenant who would love to stay, making this an exceptional turnkey investment opportunity. Showings by appointment.
Address
506 - 420 Linden Ave
List Price
$675,000
Property Type
Residential
Type of Dwelling
Condo Apartment
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Fairfield West
Bedrooms
2
Bathrooms
2
Floor Area
1,194 Sq. Ft.
Lot Size
1404 Sq. Ft.
Lot Size (Acres)
0.03 Ac.
Year Built
1982
Maint. Fee
$704.00
MLS® Number
1034661
Listing Brokerage
RE/MAX Camosun
Basement Area
None
Postal Code
V8V 4G3
Tax Amount
$3,809.00
Tax Year
2025
Features
Baseboard, Breakfast Nook, Dining Room, Dishwasher, Dryer, Eating Area, Electric, Oven/Range Electric, Storage, Washer, Wood
Amenities
Accessible Entrance, Balcony/Deck, Central Location, Landscaped, No Step Entrance, Primary Bedroom on Main, Recreation Nearby, Shopping Nearby, Sidewalk, Wheelchair Access, Wheelchair Friendly
