39-41 Ontario St, Victoria, BC, V8V 1A8

MLS® # 972884

Investment For Sale In James Bay, Victoria, British Columbia

$2,199,000

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39-41 Ontario St, Victoria, BC - Outdoor

39-41 Ontario St, Victoria, BC - Indoor Photo Showing Bathroom

39-41 Ontario St, Victoria, BC - Indoor Photo Showing Bedroom

39-41 Ontario St, Victoria, BC - Indoor Photo Showing Other Room

39-41 Ontario St, Victoria, BC - Indoor With Storage

39-41 Ontario St, Victoria, BC - Indoor Photo Showing Kitchen

39-41 Ontario St, Victoria, BC - Indoor Photo Showing Living Room

39-41 Ontario St, Victoria, BC - Indoor Photo Showing Dining Room

39-41 Ontario St, Victoria, BC - Indoor Photo Showing Kitchen With Double Sink

39-41 Ontario St, Victoria, BC - Indoor Photo Showing Laundry Room

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39-41 Ontario St, Victoria, BC, V8V 1A8

$2,199,000

Property Information:

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 Features:

Annual Tax Amount: $9,309
Building Features: Bike Storage, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby
Construction Materials: Brick
Cooling: None
Floor Space (approx): 6450 Square Feet
Flooring: Carpet, Hardwood, Mixed
Foundation Details: Block
Heating: Baseboard
Lot Features: Easy Access, Level, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk
Lot Frontage: 7200 Square Feet
Lot Size: 7200.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Condition: Updated/Remodeled
Property Sub Type: Multi Family
Road Frontage Type: Street
Road Surface Type: Paved
Utilities: Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Connected, Recycling
Water Source: Municipal
No. of Parking Spaces: 2

Courtesy of: Coldwell Banker Oceanside Real Estate

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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Market Price Trends

Location of 39-41 Ontario St, Victoria, BC, V8V 1A8

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Significant

23 hot days expected in 2050

24/100

Significant

ClimateCheck®

Current data

This property, 39-41 Ontario St , experiences 7 hot days per year at around 26.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 29.9 degrees Celsius.

Projected Avg. Temperature

Past

26.9℃

2050

29.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Exteme

13 storms expected in 2050

87/100

Exteme

ClimateCheck®

Current data

This property, 39-41 Ontario St , experiences 12 significant 2-day storms per year, with about 511.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 588.6mm of precipitation per year.

Precipitation Per Storm

Past

511.6mm

2050

588.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 39-41 Ontario St, Victoria, BC, V8V 1A8

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$116,850.68

Average Number of Children

1.47

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.7 %

High school certificate or equivalent

22.9 %

Apprenticeship trade certificate/diploma

6.06 %

College/non-university certificate

19.63 %

University certificate (below bachelor)

1.94 %

University Degree

41.77 %

Commuter

Travel To Work

By Car

54.52 %

By Public Transit

9.52 %

By Walking

20.07 %

By Bicycle

11.25 %

By Other Methods

4.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.74 %

Houses

35.26 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 39-41 Ontario St, Victoria, BC, V8V 1A8

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 39-41 Ontario St, Victoria, BC, V8V 1A8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

39-41 Ontario St, Victoria, BC, V8V 1A8

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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