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516 Su'it St
Vi Fairfield East Victoria V8V 4C4

$1,599,000
Residential beds: 4 baths: 4.0 3,957 sq. ft. built: 1910

Main Photo: 516 Su'it St in Victoria: Vi Fairfield East Quadruplex for sale : MLS®# 932916
Photo 1: 516 Su'it St in Victoria: Vi Fairfield East Quadruplex for sale : MLS®# 932916
Photo 2: 516 Su'it St in Victoria: Vi Fairfield East Quadruplex for sale : MLS®# 932916
Photo 3: 516 Su'it St in Victoria: Vi Fairfield East Quadruplex for sale : MLS®# 932916
Photo 4: 516 Su'it St in Victoria: Vi Fairfield East Quadruplex for sale : MLS®# 932916
Photo 5: 516 Su'it St in Victoria: Vi Fairfield East Quadruplex for sale : MLS®# 932916
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Status:
Active
Prop. Type:
Residential
MLS® Num:
932916
Bedrooms:
4
Bathrooms:
4
Year Built:
1910
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.
Property Type:
Residential
Type:
Quadruplex
Year built:
1910 (Age: 113)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
3,957 sq. ft.
Listing General Location:
Vi Fairfield East, Victoria
Bedrooms:
4
Bathrooms:
4.0 (Full:-/Half:-)
Lot Size:
5,700.039 sq. ft.
Kitchens:
4
Home Style:
Character
Taxes:
Building Features:
Basement, Bike Storage, Fire Alarm, Transit Nearby
Construction:
Shingle-Other
New Construction:
No
Basement:
Partial, Unfinished, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Roof:
Metal
Ceiling Heights:
Floor finish:
Carpet, Mixed, Softwood
Total Building Area:
4,616 sq. ft.
Total Unfinished Area:
659 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
2
# Second Level Bedrooms:
1
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
1
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
1,407 sq. ft.
Living Area Main Floor:
1,522 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,028 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
2
Fireplace Details:
Living Room
Laundry Features:
Common Area, In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Forced Air, Natural Gas
Fireplace:
Yes
Warranty:
No
Pending Date:
F/S/W/D
Blinds, Stained/Leaded Glass
Fencing: Partial, Garden
City
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
2nd Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
Medium Density
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
4
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Other Equipment:
Sump Pump
Occupancy:
Partially Occupied
Property Condition:
Resale, Updated/Remodeled
Utilities:
Natural Gas Connected
Exposure / Faces:
East
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Central Location, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, On Street
Total Parking Spaces:
3
Road Surface Type:
Paved
Rent Includes:
Heat, Hot Water
Total Units:
Date Listed:
May 26, 2023
Original Price:
1699000.0
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Virtual Tour

Listed by Royal LePage Coast Capital - Chatterton
Data was last updated September 26, 2023 at 10:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,674,500
Min list price:
$435,000
Max list price:
$3,999,987
Avg days on market:
40
Min days on market:
8
Max days on market:
123
Avg price per sq.ft.:
$682.15
These statistics are generated based on the current listing's property type and located in Vi Fairfield East. Average values are derived using median calculations.

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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.