Waterfront
Address
1124 Fairfield Rd Victoria, BC
Price
$ 2,899,000
Property Attributes
  • MLS#875690
  • TypeCommercial
  • CityVictoria
  • AreaVictoria
  • NeighbourhoodVi Fairfield East
  • Postal CodeV8V 3A7
  • StyleMulti Family
  • Year Built1910
  • Taxes$ 10965
  • Price$ 2,899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5257
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Sutton Group West Coast Realty
Data Source:
Canada - Victoria Real Estate Board (VREB) - 410 - CAN
Property Description

Dogwood Manor Hideaway - a sought-after bright character 9-suite, 4-floor with over 5,200 sq ft investment in the heart of Fairfield Cook Street Village just steps to Dallas Road Waterfront. The property where tenants love to live & people stop to enjoy the beautifully landscaped corner lot with veranda in classic Fairfield charm. Built in 1910 this grand home was converted, retaining the character to multi-family in 1977. There is a large Penthouse 1-bedroom plus den with a huge 645 sq ft ocean view deck & private elevator. Additionally 6 one-bedroom & 2 studios all with balconies, some with fireplaces. Well maintained with many recent renovations, flooring & kitchen upgrades. Featuring parking, coin-laundry, electrical meter for each suite, bike storage. Unique zoning allows for rentals or you can increase the revenue with a Bed and Breakfast or AirBnB. Gross current long-term rental income $147,000 annually with lovely tenants makes for low care passive income property.

General Features

Commercial Area Downtown
Commercial Listing Type Building
Construction Materials Stucco
Flooring Mixed
Heating Baseboard
Parking Total 3
Property SubType Multi Family
Property Type Commercial Sale
Zoning Multi Family

Interior Features

Number Of Units In Building 9
Total Units 9

Exterior Features

Building Area Total 5257.00
Building Features Bike Storage, Elevator: Passenger, Fire Alarm, Laundry Room, Parking, Transit Nearby
Exterior Features Balcony, Garden
Foundation Poured Concrete
Lot Size Acres 0.14
Lot Size Square Feet 6270.00
Parking Onsite Yn Yes

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V8V 3A7

Price
AVG $2.9M
$2.9M
Taxes
AVG $10,965
$10,965
Visits
AVG 97
96
Year Built
AVG 1910
1910
Walkscore
AVG 89
89
Data Provided by Walkscore ® not using MLS data