1016 North Park St, Victoria, BC, V8T 1C6

$2,075,000

MLS® # 962467

House For Sale In North Park, Victoria, British Columbia

$2,075,000

  • 8

    Bedrooms

  • 4

    Baths

  • 7000.00 Square Feet

    Lot Size

Property Information:

Quadraplex on North Park, better than new condition & UNDER assessed value! Turn key, extensively renovated & upgraded, would make an ideal extended family or shared investment. 4 great fully separate units (both sides of full side by side duplex each with an existing non-conforming suite) generating $9400/mo cash flow! 8 Beds, 4 Baths, 4 Kitchens, 4 sep laundry & 6 off street Parking stalls. Two fantastic 3 bedroom upper units & Two huge 1 bedroom/studio's down. Full scale renovation in 2019 (interior/exterior) top to bottom from a reputable builder to high standard; built & designed for low maintenance on the residential rental market. Please see info package for more detail as to what was completed. Further value add with the substantial development potential if property assembled with neighbours who are open. Unique zoning with North Park Commercial Residential District already in place allows for flexible business & residential uses including live/work maker-spaces & multi-family.

Property Features:

  • Bedrooms: 8
  • Bathrooms: 4
  • Annual Tax Amount: $8,816
  • Accessibility Features: Ground Level Main Floor
  • Appliances: Dishwasher, F/S/W/D
  • Architectural Style: Character, Conversion
  • Basement: Full, Not Full Height, With Windows
  • Building Features: Basement, Fire Alarm, Security System, Transit Nearby
  • Built in: 1948
  • Construction Materials: Frame Wood, Stucco
  • Cooling: HVAC
  • Exterior Features: Fencing: Full, Security System
  • Floor Space (approx): 4801 Square Feet
  • Flooring: Basement Slab, Hardwood, Tile
  • Foundation Details: Concrete Perimeter
  • Heating: Electric, Forced Air, Heat Pump
  • Interior Features: Dining/Living Combo
  • Laundry Features: In House
  • Lot Features: Level, Rectangular Lot
  • Lot Frontage: 7000 Square Feet
  • Lot Size: 7000.00 Square Feet
  • Other Equipment: Security System
  • Ownership: Freehold
  • Parking Features: Additional Parking, Driveway, Open, RV Access/Parking
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale, Updated/Remodeled
  • Property Sub Type: Full Duplex
  • Roof: Asphalt Shingle
  • Utilities: Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Recycling
  • Water Source: Municipal, To Lot
  • Window Features: Vinyl Frames
  • Zoning: 1 STY Dupl
  • Zoning Description: Residential/Commercial
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 6

Rooms:

  • Laundry Other level :Lower 2.13 m x 3.05 m
  • Bathroom Main Level 3.35 m x 1.83 m
  • Bedroom Main Level 3.96 m x 2.74 m
  • Other Other level :Lower 2.74 m x 2.44 m Note: Entrance
  • Living Other level :Lower 5.49 m x 3.96 m
  • Living Other level :Lower 5.49 m x 4.88 m
  • Bedroom Other level :Lower 5.49 m x 5.49 m
  • Other Main Level 4.27 m x 3.35 m
  • Other Other level :Lower 3.66 m x 2.13 m Note: Patio
  • Bedroom Main Level 3.35 m x 3.35 m

Courtesy of: DFH Real Estate Ltd.

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.

Additional Photos