- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 947294
- Year Built:
- 1914
- Photos (34)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Completely Renovated and Vacant! 7-suite character conversion facing south onto Central Park behind Crystal Pool. R-2 Family/Duplex zone, this property comprises: 3 legal One bedroom/studio suites on the ground floor; 2 main-level 2 bedroom suites - each with front entrance and backyard entrance; 2 upper floor suites, each with 2 bedrooms and a den. All suites have in-suite laundry, brand new appliances and separate BC Hydro meter. Separate secure bike storage in the backyard. Gardening space for each suite. Move-in ready, with occupancy certificate expected in mid-November 2023, start leasing December 1st. Potential Stabilized Effective Gross Income (EGI) of over $18,000 per month, not incl flat-rate Utility Fee. CMHC 5-year historical vacancy rate 1.3%. Building plans in supplements. Showings to be coordinated during business hours (9 am to 5 pm). All measurements to be verified. Property Taxes $7,389 in 2023. This one will earn well in any portfolio - long into the future!
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Year built:
- 1914 (Age: 109)
- Lease Type:
- Sale of Assets
- Listing General Location:
- Vi Central Park, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 6,400.044 sq. ft.
- Lot Details:
- 50x128
- Building Features:
- Bike Storage, Shopping Nearby
- Construction:
- Frame Wood, Stucco & Siding
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Floor finish:
- Hardwood, Laminate
- Total Building Area:
- 5,880 sq. ft.
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Balcony/Deck
- City, Other
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- City of Victoria
- Zoning:
- R-2
- Occupancy:
- Vacant
- Property Condition:
- Updated/Remodeled
- Utilities:
- Electricity Connected, Natural Gas Available
- Lot Site Features:
- Central Location, Park Setting
- Date Listed:
- Oct 30, 2023
- Original Price:
- 4990000.0
-
Photo 1 of 34 -
Photo 2 of 34
-
Photo 3 of 34
-
Photo 4 of 34
-
Photo 5 of 34
-
Photo 6 of 34
-
Photo 7 of 34
-
Photo 8 of 34
-
Photo 9 of 34
-
Photo 10 of 34
-
Photo 11 of 34
-
Photo 12 of 34
-
Photo 13 of 34
-
Photo 14 of 34
-
Photo 15 of 34
-
Photo 16 of 34
-
Photo 17 of 34
-
Photo 18 of 34
-
Photo 19 of 34
-
Photo 20 of 34
-
Photo 21 of 34
-
Photo 22 of 34
-
Photo 23 of 34
-
Photo 24 of 34
-
Photo 25 of 34
-
Photo 26 of 34
-
Photo 27 of 34
-
Photo 28 of 34
-
Photo 29 of 34
-
Photo 30 of 34
-
Photo 31 of 34
-
Photo 32 of 34
-
Photo 33 of 34
-
Photo 34 of 34
Listed by Stephen Calderwood
of RE/MAX Camosun
Data was last updated November 29, 2023 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 79
- Avg list price:
- $1,125,000
- Min list price:
- $19,900
- Max list price:
- $9,900,000
- Avg days on market:
- 92
- Min days on market:
- 2
- Max days on market:
- 489
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- VERONICA CRHA
- RE/MAX CAMOSUN - OAK BAY
- 250-370-7788
- Contact by Email
V
C
Veronica Crha
PERSONAL REAL ESTATE CORPORATION
Re/Max Camosun
2239 Oak Bay Ave
Victoria, BC, V8R 1G4