$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!

Inclusions: Real Estate

Property Features:

  • Annual Tax Amount: $13,569
  • Building Features: Basement, Bike Storage, Laundry Room, Parking, Shopping Nearby, Transit Nearby
  • Built in: 1912
  • Construction Materials: Glass, Stucco, Wood
  • Cooling: None
  • Exterior Features: Balcony, Fenced, Garden, Sign: Allowed
  • Floor Space (approx): 5374 Square Feet
  • Flooring: Hardwood, Mixed, Tile, Wood
  • Foundation Details: Concrete Perimeter, Other
  • Heating: Baseboard, Natural Gas
  • Inclusions: Real Estate
  • Lot Features: Central Location, Corner Lot, Landscaped, Quiet Area, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure
  • Lot Frontage: 5459 Square Feet
  • Lot Size: 5459.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Utilities: Electricity Connected, Garbage, Natural Gas Connected, Recycling
  • View: Mountain(s)
  • Water Source: Municipal, To Lot
  • Zoning: R1-B
  • Sewer:
  • No. of Parking Spaces: 3

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.