$2,095,000

Investment For Sale In Victoria, British Columbia

$2,095,000

Property Information:

INVESTMENT OPPORTUNITY, LEGAL REVENUE 6-PLEX! This is a rare opportunity to own an ocean view revenue property in Fairfield, on an ideal corner lot in one of Victoria’s most desirable neighbourhoods! This legally operating 6-unit character conversion stands along Dallas Rd waterfront, offering sweeping ocean views. Step outside to the shoreline pathway, BeaconHill Park or Cook St Village. Nearly 5,000sqft of bright living across 4 levels, the property sits on 5459sqft lot w/detached garage & workshop. The unit mix incl. 5 1bed/1bath suites (451–569sqft)+a 2bed/2bath residence offering 1,487sqft. This unit offers unobstructed views of ocean & mountains, a fireplace & connected in-law suite below, ideal for extended family or flexible tenancy. Prime orientation & proven demand make this a high-performing asset w/ long-term redevelopment potential in DPA 15F-MissingMiddle. With a BCAssessment of $2,513,000, you won't want to miss this one!

Property Features:

  • Bedrooms: 7
  • Bathrooms: 7
  • Annual Tax Amount: $13,569
  • Appliances: F/S/W/D
  • Architectural Style: Character, Conversion
  • Basement: Finished, Walk-Out Access, With Windows
  • Building Features: Basement, Bike Storage, Fire Sprinklers, Transit Nearby
  • Built in: 1912
  • Construction Materials: Glass, Stucco, Wood
  • Cooling: None
  • Exterior Features: Balcony, Balcony/Patio, Low Maintenance Yard
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Floor Space (approx): 5374 Square Feet
  • Flooring: Carpet, Concrete, Hardwood, Mixed, Tile, Wood
  • Foundation Details: Concrete Perimeter, Other
  • Heating: Baseboard, Natural Gas
  • Interior Features: Breakfast Nook, Dining Room, Eating Area
  • Laundry Features: Common Area, In House
  • Lot Features: Central Location, Corner Lot, Family-Oriented Neighbourhood, Landscaped, Park Setting, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure, Walk on Waterfront
  • Lot Frontage: 5459 Square Feet
  • Lot Size: 5459.00 Square Feet
  • Other Equipment: Central Vacuum, Central Vacuum Roughed-In
  • Other Structures: Workshop
  • Ownership: Freehold
  • Parking Features: Driveway, Garage, On Street
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Roof: Asphalt Shingle
  • Utilities: Garbage, Recycling
  • View: Mountain(s)
  • Water Source: Municipal, To Lot
  • Zoning Description: Multi-Family
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 3

Rooms:

  • Living Main Level 4.57 m x 4.27 m
  • Other Main Level 1.83 m x 6.40 m Note: Entrance
  • Kitchen Main Level 2.74 m x 2.74 m
  • Dining Main Level 2.74 m x 2.74 m
  • Bedroom Main Level 3.35 m x 2.74 m
  • Bathroom Main Level
  • Dining Main Level 2.44 m x 2.44 m
  • Bedroom Main Level 3.66 m x 4.57 m
  • Living Main Level 3.66 m x 3.96 m
  • Kitchen Main Level 1.52 m x 2.44 m

Courtesy of: Engel & Volkers Vancouver Island

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.