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936 Queens Ave in Victoria: Vi Central Park Multi Family for sale : MLS®# 947294
Completely Renovated! Each unit feels like a brand new condo inside! Stratify in the future? 7-suite character conversion facing south onto Central Park behind Crystal Pool. R-2 Family/Duplex zone, this property comprises: 3 legal One bedroom/studio suites on the ground floor; 2 main-level 2 bedroom suites - each with front entrance and backyard entrance; 2 upper floor suites, each with 2 bedrooms and a den. All suites have in-suite laundry, brand new appliances and separate BC Hydro meter. Separate secure bike storage in the backyard. Space for garden boxes. Move-in ready. Five suites rented out already - two suites still vacant (as of Feb 1). Potential Stabilized Effective Gross Income (EGI) of almost $18,000 per month. CMHC 5-year historical vacancy rate 1.3%. Building plans in supplements. Showings to be coordinated during business hours (9 am to 5 pm). All measurements to be verified. Property Taxes $7,389 in 2023. This one will earn well in any portfolio - long into the future!More details
You are invited to this rare opportunity to acquire the jewel at Central Park and Crystal Pool Recreation Centre. A 13 suite revenue & character apartment building, mere blocks to Downtown and on all bus routes. Corrected Current Gross Effective Income greater than $137,000. Offered at 4.8% Cap Rate; improved further upon gentle stabilization. Professionally managed and meticulously cared for 5 1BR self contained suites and 7 studio and 1BR suites with shared amenities. Potential bonus density afforded by Schedule G bylaw. Coveted Legal, Non-Conforming Bonused FSR (Floor Space Ratio) allows up to 14 units. Cherished in a family portfolio for over 30yrs, this opportunity is now exclusively available to serious investors, alone. Request access to dropbox financials with a signed confidentiality agreement. All measurements to be verified. This one will earn well in any portfolio! Arrange viewings with 72hrs notice for tenants, please.More details
Listed by Cameron Stewart
of Royal LePage Coast Capital - Chatterton
One of the Friendliest Strata Complexes! A lovely boutique strata complex with 12 unique, newly constructed 2 Bedrm strata homes located across from North Park's Central Park. Located on a quiet tree lined street close to Downtown, schools and major sports, recreation facilities & Bike lanes. A few steps up to your front door, enter into a bright open plan living/dining/kitchen area complete with wide plank floors, quartz counters, stainless steel appliances, and an adjacent 2 pc bathroom. Upstairs are 2 spacious bedrooms, 1 exquisitely finished 4-pc bathroom, and in-suite laundry. Thoughtful construction reduces noise transmission between the 6 strata units in each bldg. Each 2-story unit comes with a large attic storage space and roof-mounted solar panels to offset hydro costs. Enjoy views over the treed neighbourhood. Each home has a front and rear entry. Parking space has EV charging station. Join Modo Car Share service with prepaid membership fee. New Home Warranty!More details
Listed by Catherine Larson
and Michael Lambe
of Royal LePage Coast Capital - Chatterton
Welcome to this charming 2-bedroom, 2-bathroom top floor condo boasting abundant natural light from its north and west-facing windows. The unit offers a delightful floor plan, with bedrooms strategically positioned at opposite ends for enhanced privacy. Step onto the large balcony and soak in the panoramic views overlooking cityscape and Royal Athletic Park. Inside, the unit has had many tasteful updates and features a gas fireplace giving a warm inviting living space. Additionally, the unit is illuminated by three skylights, adding to its airy ambiance. Situated in a well-managed, proactive strata, this 15-unit building ensures a sense of community and peace of mind. Conveniently located just a 5-minute stroll from the Save On Center Arena residents have endless entertainment options. With a total of 855 sqft of living space complemented by a 107 sqft balcony (LCP), this condo offers comfort and outdoor enjoyment. Don't miss the opportunity to make this your new home sweet home!More details
Situated in a prime location, 832 Fisgard Street provides the ultimate urban living experience. You’ll find yourself steps away from a vibrant array of shops, restaurants, cafes and attractions plus steps from Save On Foods Centre. Explore the city’s rich history with landmarks like Chinatown, Hudson's Public Market and the trendy design district at your doorstep. This south facing, corner, 2-bedroom unit offers an ideal layout with open concept living and dining room through to the kitchen with stainless steel appliances and an abundance of cupboard storage. The oversized 11x11 master bedroom is the perfect spot to retreat with access to the 3 piece ensuite. The secondary bedroom and four piece bath offer a space for guests, children, or fantastic investment opportunity for savvy investors. Easy access to public transportation and major highways ensures that you’re never far away from work, school, or your next adventure!More details
Listed by Mark Rice
and Julia Fitzsimmons
of Coldwell Banker Oceanside Real Estate