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.
Address
516 Su'it St
List Price
$1,599,000
Property Type
Residential
Type of Dwelling
Quadruplex
Style of Home
Character
Area
Victoria
Sub-Area
Vi Fairfield East
Bedrooms
4
Bathrooms
4
Floor Area
3,957 Sq. Ft.
Lot Size
5700 Sq. Ft.
Lot Size (Acres)
0.13 Ac.
Year Built
1910
MLS® Number
999254
Listing Brokerage
Royal LePage Coast Capital - Chatterton
Basement Area
Partial, Unfinished, Walk-Out Access, With Windows
Postal Code
V8V 4C4
Tax Amount
$6,016.00
Tax Year
2024
Features
Blinds, Carpet, F/S/W/D, Forced Air, Mixed, Natural Gas, Softwood, Stained/Leaded Glass, Sump Pump
Amenities
Central Location, Fencing: Partial, Garden, Shopping Nearby