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

$1,999,000

MLS® # 972884

Investment For Sale In James Bay, Victoria, British Columbia

$1,999,000

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.

Additional Photos