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!
| Address |
1120 May St |
| List Price |
$1,990,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Multi Family |
| Area |
Victoria |
| Sub-Area |
Vi Fairfield West |
| Lot Size |
8100 Sq. Ft. |
| Lot Size Acres |
0.19 Ac. |
| Year Built |
1912 |
| MLS® Number |
974248 |
| Listing Brokerage |
Macdonald Realty Victoria
|
| Postal Code |
V8V 2S5 |
| Tax Amount |
$12,189 |
| Tax Year |
2024 |
| Features |
Baseboard, Electric, Hot Water, Mixed |
| Amenities |
Balcony/Deck, Central Location, Park Setting, Shopping Nearby |
