51 Marlborough St, Victoria, BC, V8V 4A6

MLS® # 970506

Investment For Sale In Fairfield, Victoria, British Columbia

$2,984,000

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51 Marlborough St, Victoria, BC - Outdoor

51 Marlborough St, Victoria, BC - Outdoor With Body Of Water With Facade

51 Marlborough St, Victoria, BC - Indoor Photo Showing Other Room

51 Marlborough St, Victoria, BC - Indoor Photo Showing Office

51 Marlborough St, Victoria, BC - Indoor Photo Showing Living Room With Fireplace

51 Marlborough St, Victoria, BC - Indoor

51 Marlborough St, Victoria, BC - Indoor Photo Showing Kitchen

51 Marlborough St, Victoria, BC - Indoor Photo Showing Bathroom

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51 Marlborough St, Victoria, BC, V8V 4A6

$2,984,000

Property Information:

Welcome to this exceptional West Fairfield investment opportunity (Marlborough House contains 9 authorized residential suites). It is situated at the corner of Marlborough St. and Woodstock Ave. on two lots totaling 13,477 square feet. The location offers an unparalleled blend of urban convenience and natural beauty, minutes from downtown Victoria and steps from Victoria’s famous Beacon Hill Park and the spectacular Dallas Road waterfront. The property has been owned since the 70’s by an out-of-province family who now have other interests. Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. See the financials in supplements.

Inclusions: Fixtures

Property Features:

Annual Tax Amount: $13,867
Building Features: Basement, Fire Alarm, Laundry Room, Parking, Transit Nearby
Built in: 1912
Construction Materials: Frame Wood
Cooling: None
Exterior Features: Balcony, Balcony/Deck, Balcony/Patio
Floor Space (approx): 5700 Square Feet
Flooring: Carpet, Hardwood, Linoleum
Foundation Details: Block
Heating: Forced Air, Hot Water, Natural Gas
Inclusions: Fixtures
Lot Features: Adult-Oriented Neighbourhood, Central Location, Corner Lot, Easy Access, Landscaped, Level, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk
Lot Frontage: 13427 Square Feet
Lot Size: 13427.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Road Frontage Type: Street
Road Surface Type: Paved
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Water Source: Municipal
Sewer:
No. of Parking Spaces: 8

Courtesy of: NAI Commercial (Victoria) Inc.

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 51 Marlborough St, Victoria, BC, V8V 4A6

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, 51 Marlborough 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, 51 Marlborough 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 51 Marlborough St, Victoria, BC, V8V 4A6

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$131,668.62

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.47 %

High school certificate or equivalent

18.44 %

Apprenticeship trade certificate/diploma

3.32 %

College/non-university certificate

17.28 %

University certificate (below bachelor)

3.23 %

University Degree

52.26 %

Commuter

Travel To Work

By Car

51.34 %

By Public Transit

7.77 %

By Walking

18.71 %

By Bicycle

17.78 %

By Other Methods

4.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.46 %

Houses

41.54 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 51 Marlborough St, Victoria, BC, V8V 4A6

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 51 Marlborough St, Victoria, BC, V8V 4A6

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

51 Marlborough St, Victoria, BC, V8V 4A6

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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