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39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884

39-41 Ontario St Victoria V8V 1A8 : Vi James Bay

View of side of property
$1,999,000
Prop. Type:
Commercial Sale
MLS® Num:
972884
Status:
Active
A fantastic opportunity in James Bay, steps from downtown Victoria BC! 2 buildings on a 7200sqft lot! This is an investors dream with an R-2 zoned lot offering 8 suites in total over 6451sqft of living space between the two buildings. Both built around 1915, these artisan homes have a ton of potential. The beautiful brick building in the front used to be the old Fred Paine's Grocery Store circa 1915! Currently operating at an approx CAP of 3.6%! Book your appointment for you showing today!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
Vi James Bay, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure7,200.05 sq. ft.
Lot Details:
60x120
Taxes:
$9,309.21 / 2023
Building Features:
Bike Storage, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby
Construction:
Brick
New Construction:
No
Foundation:
Block
Electricity:
Yes
Number of Storeys:
2
Floor finish:
Carpet, Hardwood, Mixed
Total Building Area:
Switch units of measure6,450 sq. ft.
Commercial Area:
Downtown
Water supply:
Municipal
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
2001000.0
Assessment year:
2024
Jurisdiction name:
City of Victoria
Legal Description:
LOT 1444, VICTORIA LAND DISTRICT
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Utilities:
Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Connected, Recycling
Lot Site Features:
Easy Access, Level, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk
Parking Features:
On Site
Total Parking Spaces:
2
Road Frontage Type:
Street
Road Surface Type:
Paved
Total Units:
8
Date Listed:
Aug 13, 2024
Original Price:
2199000.0
Listed by Matthew Traynor and Mark Imhoff of Coldwell Banker Oceanside Real Estate
Data was last updated October 31, 2024 at 02:05 PM (UTC)
THE MARK IMHOFF GROUP
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.