You are invited to this rare opportunity to acquire a legal 4-plex character-conversion in the heart of Cook St. Village. Nearly 4000 sf combines the charm of yesteryear with extensive infrastructural upgrades (new electric wiring, main, and meters) and cosmetic renovations and improvements. The property offers owner-occupier versatility and long-term profitability. Corrected Current Gross Effective Income greater than $76,000. Vacant Furnished Suite Ready for your management. Four 1 BR suites and ample storage-flex space in the basement located on all major bus routes, mere blocks from Beacon Hill Park, Sir James Douglas Elementary and Dallas Road Beach. Potential bonus density afforded by Schedule G bylaw; Victoria’s Missing Middle OCP Infill and Houseplex Action Plan Approved Area with RK Zoning. This one will earn well in any portfolio! Contact your realtor today for more details and preapproved showings.
| Address |
516 Su'it St |
| List Price |
$1,599,000 |
| Property Type |
Residential |
| Type of Dwelling |
Quadruplex |
| Style of Home |
Character |
| Area |
Victoria |
| Sub-Area |
Vi Fairfield East |
| Bedrooms |
4 |
| Bathrooms |
4 |
| Floor Area |
3,957 Sq. Ft. |
| Lot Size |
5700 Sq. Ft. |
| Year Built |
1910 |
| MLS® Number |
932916 |
| Listing Brokerage |
Royal LePage Coast Capital - Chatterton
|
| Basement Area |
Partial, Unfinished, Walk-Out Access, With Windows |
| Postal Code |
V8V 4C4 |
| Tax Amount |
$5,845 |
| Tax Year |
2023 |
| Features |
Blinds, Carpet, F/S/W/D, Forced Air, Mixed, Natural Gas, Softwood, Stained/Leaded Glass, Sump Pump |
| Amenities |
Central Location, Fencing: Partial, Garden, Shopping Nearby |
