871682

Capital Regional District, V8V 2S5

1120 May St

871682
Rocket Web Labs Wix MLS IDX Integration

871682

MLS® Number

871682
Rocket Web Labs Wix MLS IDX Integration

8,249 SqFt

Lot Size

871682
Rocket Web Labs Wix MLS IDX Integration

Bed

871682
Rocket Web Labs Wix MLS IDX Integration

Bath

$2,288,000

Listing by Royal LePage Coast Capital - Chatterton

Listing information last updated: Fri Jun 18 2021 17:04:39 GMT+0000 (Coordinated Universal Time)

You are invited to this rare opportunity to acquire the jewel at Beacon Hill Park. A 10 suite revenue & character apartment building, 3 blocks to Dallas Rd.and in the heart of Cook St. Village. Corrected Current Gross Effective Income greater than $110,000. 4.7% Cap Rate improved upon gentle stabilization. Professionally managed and meticulously cared for 3 2BR + 1 1BR self contained suites and 6 studio suites with shared amenities just steps from bus routes. Potential bonus density afforded by Schedule G bylaw. Coveted Legal, Non-Conforming 46% Bonused FSR (Floor Space Ratio). New roof in 2018.

Cherished in a family portfolio for over 30yrs, this opportunity is now exclusively available to serious investors, alone. Request access to financials with a signed confidentiality agreement; see flyer link attached and request password from listing agent. All measurements to be verified. This one will earn well in any portfolio! Arrange viewings with 72hrs notice for tenants, please.

Full Address

1120 May St, Victoria BC V8V 2S5

MLS® Number

871682

Status

Active

Listing Price

$2,288,000

Property Type

Commercial Sale

Property Subtype

Multi Family

Year Built

1912

Days on Market

0 Days

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Property Information

MLS® Number

871682

Listing Price

$2,288,000

Status

Active

Property Type

Commercial Sale

Property Subtype

Multi Family

Lot Size SqFt

8,249 SqFt

Lot Size Acres

0.19 Acres

Building Name

Year Built

1912

Days on Market

0 Days

Tax Annual Amount

$10,906

Tax Year

2020

Association Fee

$0

Fee Includes

Fee Frequency

Property Features

Interior

Lot Features

Central Location, Park Setting, Shopping Nearby

Exterior

Balcony/Deck

Laundry

Accessibility

Total Fireplaces

Fireplace 

Water Source

Municipal

Gas

Heating

Baseboard, Hot Water

Utilities

Recycling

Appliances

Pets

Parking Total

0

Parking

On Site

Sewer

Sewer To Lot

Property Location

Unit Number

Full Address

1120 May St, Victoria BC V8V 2S5

Subdivision

City

Victoria

Postal Code

V8V 2S5

District

Capital Regional District

Zoning

SFD

MLS Area Major

Victoria

MLS Area Minor

Vi Fairfield West

Elementary

Middle School

High School

Directions

Property Architecture

Total Unfinished

vREB_tot_sqft_unfinished

Living Area

livingArea

Rooms Total

Bedrooms

Bedroom

Bathrooms Half

Total Bathrooms

Bathroom

Building Area Total

buildingAreaTotal

Stories Total

Style

Layout

Materials

Stucco & Siding

Roof

Basement

Foundation

Concrete Perimeter

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