$1,499,000
About this Penthouse
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 >$80,000. 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 updated 2025 Plan and Bill 44 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.
Appliances Included:
F/S/W/D
Exterior Features Of 516 Su'it, Fairfield East, Victoria
Fencing: Partial, Garden
Lot Features Of 516 Su'it, Fairfield East, Victoria
Central Location, Shopping Nearby
Location Features:
Basement, Bike Storage, Fire Alarm, Transit Nearby
Listed by Royal LePage Coast Capital - Chatterton.
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: 999254
- Type: Penthouse
- Building: 516 Su\'it Street, Victoria
- Bedrooms: 4
- Bathrooms: 4
- Square Feet: 3,957 sqft
- Lot Size: 5,700 sqft
- Taxes: $6,016 (2024)
- Parking: 3 Driveway, On Street
- Fireplaces: 2
- Year Built: 1910
- Style: Character
- Warranty: false
