250 days on Market

1016 North Park St, Victoria, British Columbia V8T1C6

Detached
8
4
~4801 sqft
$2,075,000
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Detached
8
4
~4801 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$432/sqft

Est. Mortgage$8,911/mo

Tax Amount ()-

Days On Market250 days


Description

Quadraplex on North Park, better than new condition & UNDER assessed value! Turn key, extensively renovated & upgraded, would make an ideal extended family or shared investment. 4 great fully separate units (both sides of full side by side duplex each with an existing non-conforming suite) generating $9400/mo cash flow! 8 Beds, 4 Baths, 4 Kitchens, 4 sep laundry & 6 off street Parking stalls. Two fantastic 3 bedroom upper units & Two huge 1 bedroom/studio's down. Full scale renovation in 2019 (interior/exterior) top to bottom from a reputable builder to high standard; built & designed for low maintenance on the residential rental market. Please see info package for more detail as to what was completed. Further value add with the substantial development potential if property assembled with neighbours who are open. Unique zoning with North Park Commercial Residential District already in place allows for flexible business & residential uses including live/work maker-spaces & multi-family. (id:39198)


Property Details

StyleDuplex
View-
Age of property1948
SqFt~4801 SqFt
Lot Size-
Parking Spaces6
MLS ®Number962467
Community NameNorth Park
Data SourceCREA
Listing byDFH Real Estate Ltd.

Features

Heating: Forced air, Heat Pump
Cooling: Fully air conditioned

Lower level Floor

Entrance

9 ft x 8 ft

Patio

12 ft x 7 ft

Entrance

9 ft x 9 ft

Laundry room

10 ft x 9 ft


Parking

Garage spaces 6

Garage type -

Other parking spaces 0

Total parking spaces 6


Property History

May 7, 2024
ListedActive
$2,075,000
250 days on market
history photo preview61
Listing by crea®
Property listed by DFH Real Estate Ltd., Brokerage
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Population and Demographics

Overview

Total population 3454
Average household income $99,239

Age (%)

20 to 34
35%
35 to 49
21%
50 to 64
18%
65 and plus
16%
0 to 19
10%

Household composition (%)

Single person
59%
Single family
32%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
84%
Others
2%
Spanish
2%
French
2%
Mandarin
2%
Yue (Cantonese)
2%
Tagalog (Pilipino, Filipino)
2%
Arabic
1%

House tenancy (%)

Renters
76%
Owners
24%

Schools and amenities

Estimated Budget

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