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DESCRIPTION

This is how real estate investment is supposed to work! Positive cash flow and an opportunity for a 7% + ROI, even with below market rent in two of the suites. Well maintained and very easy to manage building could also be an owner occupied property with ~$5,300 in monthly rental income. Great mix of suites. Up and coming neighbourhood. Could also be a fantastic intergenerational family purchase and still have revenue to reduce monthly costs. Solid opportunity to make money in real estate.

KEY DETAILS
  • Price:
  • $1,298,900
  • Bedrooms:
  • 6
  • Square Footage:
  • 2,798
  • Acreage:
  • 0.15
  • Year Built:
  • 1980
  • Listing #:
  • 870219
  • Street Address:
  • 760 Wilson St
  • City:
  • Victoria
  • State:
  • BC
  • Postal Code:
  • V9A 3H5
  • County:
  • Capital Regional District
  • Area:
  • West
  • Subarea
  • Victoria West
  • Listing Status:
  • For Sale - Active

Building

  • Building Condition:
  • Resale
  • Building Faces:
  • South
  • Construction Type:
  • Frame Wood, Stucco
  • Exterior Features:
  • Low Maintenance Yard
  • Flooring:
  • Basement Slab
  • Foundation:
  • Concrete Perimeter
  • Number Of Units:
  • 4
  • Structure:
  • Main Level Entry With Lower Level(s)
  • Total Building Square Footage:
  • 2798
  • Type Of Roof:
  • Asphalt Torch On
  • Year Built:
  • 1980

Land

  • Lot Features:
  • Level, Rectangular Lot
  • Lot Size:
  • 0.15
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 6600
  • Zoning Description:
  • Residential

Listing

  • Days On Market:
  • 46
  • Originating Mls:
  • Victoria Real Estate Board
  • Previous Listing Price:
  • 1299000

Location

  • Street Type:
  • St
  • Sub Area:
  • Victoria West

Money

  • Ownership:
  • Freehold
  • Property Taxes:
  • $4,420
  • Tax Year:
  • 2020

Rooms

  • Bedrooms On Main Level:
  • 4
  • Laundry:
  • Common Area
  • Number Of Kitchens:
  • 4
  • Other Rooms:
  • Exists

Rules

  • Pet Allowed:
  • Aquariums, Birds, Caged Mammals, Cats Ok, Dogs Ok, Yes

Structures

  • Parking Description:
  • Driveway
  • Parking Spaces:
  • 3

Systems

  • Existing Water:
  • Municipal
  • Heating:
  • Baseboard, Electric
  • Sewage Type:
  • Sewer Connected

Source

  • Listing Provided By Nick Wise of The Agency
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