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$1,750,000

1120 May St, Victoria, BC, V8V 2S5

MLS® # 995175

Property Information:

Priced to sell! $945,000 below 2025 assessment. Fantastic 10-unit Multifamily at the best location of Cook St Village & Beacon Hill Park! Steps to Dallas Road waterfront and beaches. This income producing property consists of 3 two-bedroom, 2 one-bedroom, and 5 bachelor suites. R1-B Zoning, Multi-Family House Conversion. 4 detached garages, onsite parking at the back and plenty of off street parking. Separate Hydro meters for each unit. Coin operated shared laundry. Low maintenance landscaping. Great investment potential for rezoning and eligible for Missing Middle Initiative. In the heart of Fairfield, one of the finest neighbourhoods in Victoria, short strolls to all amenities, parks, bus routes and downtown Victoria. A rare offering!

Property Features:

  • Annual Tax Amount: $12,508
  • Building Features: Basement, Bike Storage, Laundry Room, Parking, Shopping Nearby, Storage Room
  • Built in: 1912
  • Construction Materials: Stucco & Siding
  • Exterior Features: Balcony/Deck
  • Floor Space (approx): 5985 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric, Hot Water
  • Lot Features: Central Location, Park Setting, Shopping Nearby
  • Lot Frontage: 8100 Square Feet
  • Lot Size: 8100.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi Family
  • Utilities: Recycling
  • Water Source: Municipal
  • Zoning: R1-B ZONE, SINGLE FAMILY
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 5

Courtesy of: Macdonald Realty Victoria

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 1120 May St, Victoria, BC, V8V 2S5

Demographic Information of 1120 May St, Victoria, BC, V8V 2S5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$112,117.99

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.66 %

High school certificate or equivalent

21.93 %

Apprenticeship trade certificate/diploma

4.75 %

College/non-university certificate

17.13 %

University certificate (below bachelor)

3.25 %

University Degree

47.27 %

Commuter

Travel To Work

By Car

44.93 %

By Public Transit

8.57 %

By Walking

27.43 %

By Bicycle

13.94 %

By Other Methods

5.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.74 %

Houses

19.26 %

Own Vs. Rent