516 Su'it St
Victoria
V8V 4C4
$1,699,000
Residential
beds: 4
baths: 4.0
3,957 sq. ft.
built: 1910
Open House
-
Jun 03, 2023
01:00 PM
-
02:00 PM
PDT
NOTES: Open House on Saturday, June 3, 2023 1:00PM - 2:00PM
Listing Agent to tour entire building; all suites.
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 932916
- Bedrooms:
- 4
- Bathrooms:
- 4
- Year Built:
- 1910
- Photos (32)
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You are invited to this rare opportunity to acquire a legal 4-plex character-conversion in the heart of Cook St. Village. Nearly 4000 sf combines the charm of yesteryear with extensive infrastructural upgrades and cosmetic renovations. The property offers owner-occupier versatility and long-term profitability. Corrected Current Gross Effective Income greater than $76,000. Vacant Furnished Suite Ready for your management. Four 1 BR suites (2 with fireplaces) and ample storage-flex space in the basement located on all major bus routes, mere blocks from Beacon Hill Park, Sir James Douglas Elementary and Dallas Road Beach. Potential bonus density afforded by Schedule G bylaw; Victoria’s Missing Middle OCP Infill and Houseplex Action Plan Approved Area with RK Zoning. This one will earn well in any portfolio! Contact your realtor today for more details and preapproved showings.
- Property Type:
- Residential
- Type:
- Quadruplex
- Year built:
- 1910 (Age: 113)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 3,957 sq. ft.
- Listing General Location:
- Vi Fairfield East, Victoria
- Bedrooms:
- 4
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Size:
- 5,700.039 sq. ft.
- Kitchens:
- 4
- Home Style:
- Character
- Taxes:
- Signup
- Building Features:
- Basement, Bike Storage, Fire Alarm, Transit Nearby
- Construction:
- Shingle-Other
- New Construction:
- No
- Basement:
- Partial, Unfinished, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Metal
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Mixed, Softwood
- Total Building Area:
- 4,616 sq. ft.
- Total Unfinished Area:
- 659 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 1
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 1
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,407 sq. ft.
- Living Area Main Floor:
- 1,522 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,028 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 2
- Fireplace Details:
- Living Room
- Laundry Features:
- Common Area, In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Forced Air, Natural Gas
- Fireplace:
- Yes
- Warranty:
- No
- Pending Date:
- Signup
- F/S/W/D
- Blinds, Stained/Leaded Glass
- Fencing: Partial, Garden
- City
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 4
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Other Equipment:
- Sump Pump
- Occupancy:
- Partially Occupied
- Property Condition:
- Resale, Updated/Remodeled
- Utilities:
- Natural Gas Connected
- Exposure / Faces:
- East
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Central Location, Shopping Nearby
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway, On Street
- Total Parking Spaces:
- 3
- Road Surface Type:
- Paved
- Rent Includes:
- Heat, Hot Water
- Total Units:
- Signup
- Date Listed:
- May 26, 2023
- Original Price:
- 1699000.0
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Virtual Tour
Listed by Royal LePage Coast Capital - Chatterton
Data was last updated May 30, 2023 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 22
- Avg list price:
- $1,450,000
- Min list price:
- $255,000
- Max list price:
- $2,500,000
- Avg days on market:
- 32
- Min days on market:
- 2
- Max days on market:
- 138
- Avg price per sq.ft.:
- $650.05
These statistics are generated based on the current listing's property type
and located in
Vi Fairfield East. Average values are
derived using median calculations.
- Alexandra Friesen
- Engel & Volkers Vancouver Island
- 1 (250) 710-7311
- Contact by Email
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