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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. (id:24212)
Full Address:
516 Su’it Street, Victoria, British Columbia
Price:
$ 1,499,000
MLS Number:
999254
List Date:
May 14th, 2025
Neighbourhood:
Fairfield East
Lot Size:
5700 ac
Year Built:
1910
Taxes:
$ 6,016
Ownership Type:
Freehold

Property Specifications

Bedrooms:
4
Bathrooms:
4
Appliances:
Washer, Refrigerator, Stove, Dryer
Air Conditioning:
None
Heating:
Forced air, Natural gas
Fireplaces:
2

Interior Features

Architectural Style:
Character
Zoning:
Other
Garage Spaces:
3

Building Features

Finished Area:
4616 sq.ft.
Main Floor:
3957 sq.ft.
Rooms:
Lower level
Bedroom
9 x 13 feet
Kitchen
7 x 7 feet
Den
6 x 7 feet
Second level
Bedroom
12 x 14 feet
Living room
12 x 15 feet
Kitchen
12 x 13 feet
Main level
Bedroom
9 x 13 feet
Kitchen
6 x 6 feet
Living room
13 x 14 feet
Kitchen
8 x 10 feet
Living room
13 x 13 feet
Bedroom
13 x 16 feet

Floors

View:
City view
Lot Size:
5700 ac
Lot Features:
Central location, Other

Land

Neighbourhood Features

Ratings

Commercial Info

Number of Units:
4

Location

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Neighbourhood Details

Agent: Cameron StewartBrokerage: Royal LePage Coast Capital - Chatterton Phone: 778-866-1066

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