516 Su’it St, Victoria, BC V8V 4C4

  • $1,599,000
  • $1,699,000
516 Su'it St, Victoria, BC V8V 4C4
For Sale
516 Su’it St, Victoria, BC V8V 4C4
516 Su'it St, Victoria, BC V8V 4C4
  • $1,599,000
  • $1,699,000

Description

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 and cosmetic renovations. 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 (2 with fireplaces) 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
  • Postal Code V8V 4C4
  • Area Victoria
  • Country Canada

Details

Updated on October 4, 2023 at 7:18 am
  • Property ID: 99621
  • Price: $1,599,000
  • Property Size: 4616.00 SqFt
  • Land Area: 0.13 Acres
  • Bedrooms: 4
  • Bathrooms: 4
  • Garages: 3
  • Year Built: 1910
  • Property Type: Quadruplex
  • Property Status: For Sale
  • Living Area: 3957.00
  • MLS#: 932916
  • Office Name: ROYAL LEPAGE COAST CAPITAL - CHATTERTON
  • Agent Name: Cameron Stewart
  • MLS Status: Active
  • Living Area Prefix: SqFt
  • District: Capital Regional District
  • Land Size: 5700.00
  • Parking Type: Driveway,On Street

Additional details

  • List Date: 2023-05-26
  • List Office MLSID: 104
  • List Agent MLSID: 5420
  • Property Type: Residential
  • 4pc Bath: 4
  • Tax Annual Amount: 5845.00
  • Tax Assessed Value: 1302000
  • Tax Assessed Year: 2023
  • Tax Book Number: 0123403218009
  • Tax Jurisdiction: City of Victoria
  • Tax Legal Description: The Northerly 50' of Lot 26, Fairfield Farm Estate, Victoria City, Plan VIP826
  • Tax Year: 2023
  • Flooring: Carpet,Mixed,Softwood
  • Basement Type: Partial,Unfinished,Walk-Out Access,With Windows
  • Lot Features: Central Location,Shopping Nearby
  • Foundation Type: Poured Concrete
  • Architecture Style: Character
  • Cooling: None
  • Heating: Forced Air,Natural Gas
  • Exterior Finish: Shingle-Other
  • Zoning Description: Medium Density
  • Roof: Metal
  • Sewer: Sewer Connected
  • Water Source: Municipal
  • Fireplaces Total: 2
  • Fireplace Features: Living Room
  • Laundry Features: Common Area,In Unit
  • Exterior Features: Fencing: Partial,Garden

Features

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