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Cody Tritter

info@repyyc.com +1(403) 478-5587

$ 1,895,000

Est. payment | -/mo

7 Beds

3 Baths

4,186 SqFt

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$ 1,895,000

Est. payment | -/mo

Save Virtual Tour

7 Beds

3 Baths

4,186 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4186

Square Footage 4,186 sqft

Price per Sqft $452

Subdivision Jubilee

MLS® Listing ID 1033071

Style Other

Bedrooms 7

Year Built 1913

Lot Size 0.344 Acres

Acres 15000.0

Property Sub-Type Freehold

Property Description

Echoes of the Past, Looking to the Future. This Property proudly offers 7 bedrooms with 3 Accommodations, and a Country ambiance with City convenience. Huge 15,000 sq ft lot (100 x 150) GRD-1 Zoning. 1:6 promises a rich and varied future for the astute investor! Close to the RJH, Camosun, UVIC, and amenities. Walk score 99/100. A perfect holding property with excellent income. Please do not bother the Tenants. The Seller has spoken with the City of Victoria and understand that due to their large double-sized lot plus proximity to key transport corridors, the following could be developed: Development Options: A. 8-10 townhouses sited within the original lot; up to 3 stories each B. Existing house could be moved to one side, and a 2nd single family dwelling could be built on the open half lot with potential for subdivision. C. Subdivision of the lot into 2 normal sized lots, and development of new single family dwellings on each lot, with additional infill carriage units; D. Maintain the house as a cash-flow positive rental unit; keep as a holding property E. Other options, to be explored and determined by the buyer: BACKGROUND: The property is Zoned General Residential District 1 which allows for a diversity of building forms ranging from residential infill with a 1.6:1 floor square ratio and 14 m building height. This permits a wide range of options including houseplexes, house conversions, 3-story townhouses etc, without requiring rezoning. More intense development is also possible and would see an increase in options for floor square ratio and height. The house has character/historical value but is not on the Heritage register. It currently operates as a cash-flow positive ($9800/mo.) multi-family tenanted rental property with 6 off-street parking spaces. A Rare Opportunity indeed! (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 3.0

Extra Room 1 Second level 14' x 12' Bedroom

Extra Room 2 Second level 13' x 11' Bedroom

Extra Room 3 Second level 18' x 13' Bedroom

Extra Room 4 Second level 14' x 12' Bedroom

Extra Room 5 Second level 17' x 7' Living room

Extra Room 6 Second level 20' x 13' Living room

Interior

Heating Forced air,

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Architectural Style Other

Others

Ownership Freehold

Virtual Tour https://sites.listvt.com/vd/248124366

Listed by Coldwell Banker Oceanside Real Estate

NEARBY SCHOOLS & PROPERTIES

Cody Tritter

Calgary REALTOR®

+1(403) 478-5587 | info@repyyc.com

1736 Haultain St Victoria, BC V8R2L2

Cody Tritter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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1736 Haultain St