Excellent revenue property offers 5 legal character suites in a well-maintained heritage building. 3,970 sq. ft. home situated on 9,199 sq. ft square lot with four 1-bedroom, one 2-bedroom and 6 bathrooms. Features include high ceiling, hardwood flooring, 2-bedroom suite with 2 fireplaces, in-suite laundry, a private entrance & deck. Each suite has its own natural gas and hydro meters, and tenants pay their own utilities. Rarely a vacancy, and many tenants are referred by existing tenants. On-site parking for 6 vehicles and ample along the street parking. The building is in great condition and offers on-site laundry and additional storage in the basement. Steps away from the Royal Jubilee Hospital, minutes to Hillside Shopping Centre, Oak Bay and downtown Victoria. Awesome investment rate of return 5%, don't miss out!
Listed by Macdonald Realty Victoria, sold on October, 2019
Data was last updated February 6, 2023 at 07:30 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$837,000
Min list price:
$375,000
Max list price:
$1,750,000
Avg days on market:
55
Min days on market:
1
Max days on market:
619
Avg price per sq.ft.:
$687.11
These statistics are generated based on the current listing's property type
and located in
Vi Fernwood. Average values are
derived using median calculations.