Address
101 Ontario St Victoria, BC
Price
$ 2,200,000
Property Attributes
  • MLS#870902
  • TypeCommercial
  • CityVictoria
  • AreaVictoria
  • NeighbourhoodVi James Bay
  • Postal CodeV8V 1M8
  • StyleMulti Family
  • Year Built1908
  • Taxes8952
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4465
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Pemberton Holmes - Cloverdale
Data Source:
Victoria Real Estate Board (VREB)
Property Description

Excellent Investment Opportunity! Charming, well maintained 9 suite revenue property in desirable James Bay. Ideally located just 2 blocks to Fisherman's Wharf and walking distance to Dallas Road, grocery stores, restaurants, the legislature, new library and all amenities of Downtown. Originally built in 1908, this character three story building was converted to 8 suites in 1976, with an additional suite subsequently added. This property has been owned by the same family for 30 years and shows pride of ownership with significant capital upgrades over recent years. Improvements include new decks, fire alarm system, rear staircase and exterior paint. There are seven 1 bedroom + 2 bachelor suites in this revenue property and each unit is separately metered for hydro, heat & hot water. The building also offers shared laundry, bike storage & storage lockers. Low maintenance 7,200 sq.ft. lot provides onsite parking for 7-8 vehicles.

General Features

Commercial Area Core (excl Downtown)
Commercial Listing Type Building, Land
Construction Materials Frame Wood
Flooring Carpet, Hardwood, Vinyl
Heating Baseboard, Electric
Property SubType Multi Family
Property Type Commercial Sale
Zoning R-2

Interior Features

Number Of Units In Building 9
Number Of Units In Community 9
Total Units 9

Exterior Features

Building Area Total 4465.00
Building Features Bike Storage, Fire Alarm, Laundry Room, Parking, Storage Room
Exterior Features Balcony/Deck, Balcony/Patio, Fencing: Partial, Low Maintenance Yard
Foundation Poured Concrete
Lot Size Acres 0.17
Lot Size Dimensions 60 x 120
Lot Size Square Feet 7200.00
Parking Onsite Yn Yes
Parking Total 8

Amenities

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

Property vs Postal Code Average in V8V 1M8

Price
AVG $2.2M
$2.2M
Taxes
AVG $8,952
$8,952
Visits
AVG 36
36
Year Built
AVG 1908
1908
Walkscore
AVG 54
54
Data Provided by Walkscore ® not using MLS data