$599,000

Property For Sale In Downtown, Victoria, British Columbia

$599,000
  • 1

    Bedroom

  • 1

    Bath

  • $351.11

    Maintenance Fees

Property Information:

Discover a rare opportunity to own a unique live-work space in the heart of downtown Victoria's Old Town District. Perfectly situated in a beautifully restored heritage building, this property offers a blend of historic charm and modern convenience. Located at the cultural epicenter of downtown, it sits between the iconic Old Town District and vibrant Chinatown, placing you steps away from the city's best restaurants, shops, and attractions.Nestled on the same block as Market Square and Fan Tan Alley, this residence benefits from year-round energy, with foot traffic from both locals and tourists. The Lum Sam Building, a stunning Late Victorian-era brick structure, was meticulously restored in 2017, incorporating polished concrete floors, high ceilings, and expansive character windows. In addition to its stylish design, the property includes seismic upgrades and is part of the Heritage Tax Incentive Program (TIP), ensuring no property taxes are payable until 2027.

Property Features:

  • Bedrooms: 1
  • Bathrooms: 1
  • Annual Tax Amount: $2
  • Accessibility Features: Accessible Entrance, Ground Level Main Floor, No Step Entrance
  • Appliances: Dishwasher, F/S/W/D, Microwave
  • Architectural Style: Character, Conversion, Heritage
  • Association Fee Includes: Trash, Property Management
  • Built in: 2017
  • Condo Fees: $351 Monthly
  • Construction Materials: Brick & Siding, Concrete
  • Cooling: None
  • Floor Space (approx): 625 Square Feet
  • Flooring: Concrete
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Laundry Features: In Unit
  • Lot Frontage: 625 Square Feet
  • Lot Size: 625.00 Square Feet
  • Ownership: Freehold/Strata
  • Parking Features: None
  • Pets Allowed: Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit
  • Property Condition: Contact List Licensee, Resale
  • Property Sub Type: Condo Apartment
  • Road Frontage Type: Lane
  • Road Surface Type: Paved
  • Roof: Asphalt Torch On
  • View: City
  • Water Source: Municipal
  • Window Features: Blinds
  • Zoning: OTD-1
  • Zoning Description: Live/Work
  • Sewer:
  • No. of Parking Spaces: 0

Rooms:

  • Bathroom Main Level .00 m x .00 m
  • Loft 2nd Level 2.90 m x 2.90 m
  • Other 2nd Level 2.90 m x 2.90 m
  • Kitchen Main Level 3.66 m x 2.01 m
  • Living Main Level 4.62 m x 3.96 m

Courtesy of: Coldwell Banker Oceanside Real Estate, AY Victoria Realty 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.