$1,785,000

Investment For Sale In James Bay, Victoria, British Columbia

$1,785,000

Property Information:

The Woodbury - Great opportunity to acquire a turn-key, well maintained 5 unit character converted building. Located in Victoria's most coveted seaside community of James Bay - steps to Beacon Hill Park, walking distance to the waterfront, downtown core and all desired amenities. Well kept building with stable, near market rents that generates $108,000 per year (5 Capp). Numerous updates over the years including new windows, decks and unit improvements. Separate storage for each suite, common coin-op laundry room and rare off-street parking for all 5 suites. Situated on a 7100sq ft lot amongst higher density, this is an incredible holding property that offers great latent value.

Property Features:

  • Annual Tax Amount: $9,031
  • Building Features: Basement, Bike Storage, Laundry Room, Parking, Storage Room, Transit Nearby
  • Built in: 1941
  • Construction Materials: Stucco
  • Exterior Features: Balcony, Balcony/Deck, Balcony/Patio, Fencing: Partial, Garden, Lighting
  • Floor Space (approx): 2868 Square Feet
  • Flooring: Mixed
  • Heating: Baseboard, Electric, Natural Gas
  • Lot Features: Central Location, Irrigation Sprinkler(s), Landscaped, Marina Nearby, Park Setting, Shopping Nearby, Sidewalk, See Remarks
  • Lot Frontage: 7102 Square Feet
  • Lot Size: 7102.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Utilities: Cable Connected, Electricity Connected, Garbage, Natural Gas Connected
  • View: City
  • Water Source: Municipal
  • Zoning: R2-31
  • Sewer:
  • No. of Parking Spaces: 5

Courtesy of: Macdonald Realty Victoria

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.