Homes for sale - 1120 May St, Victoria, BC V8V 2S5

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$1,990,000

Est. payment - /mo

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8,276 Sqft Lot

Active

1120 May St Victoria, BC V8V 2S5

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Natasha Koch

natasha@vancityhometeam.com +1(604) 862-7619

UPDATED:

08/28/2024 02:23 PM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 974248

Rental Info Unrestricted

Year Built 1912

Annual Tax Amount $12,189

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 60 ft wide x 135 ft deep

Property Description

Priced to sell! $62,000 below 2024 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 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 future high density development. 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!

Location

Province BC

County Capital Regional District

Area Victoria

Zoning R1-B ZONE, SINGLE FAMILY

Interior

Heating Baseboard, Electric, Hot Water

Flooring Mixed

Heat Source Baseboard, Electric, Hot Water

Exterior

Exterior Feature Balcony/Deck

Parking On Site 1

Utilities Available Recycling

Total Parking Spaces 5

Building

Lot Description Central Location, Park Setting, Shopping Nearby

Building Description Stucco & Siding, Basement,Bike Storage,Laundry Room,Parking,Shopping Nearby,Storage Room

Foundation Poured Concrete

Sewer Sewer To Lot

Water Municipal

Structure Type Stucco & Siding

Others

Pets Allowed Yes

Tax ID 004-124-065

Ownership Freehold

Listed by Macdonald Realty Victoria

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Natasha Koch

Broker Associate

+1(604) 862-7619