New Listing1790 Denman St,Victoria, BC V8R1Y4
Victoria, BC V8R1Y4
Description
Exceptional Revenue & Development Opportunity in Victoria's vibrant Jubilee neighbourhood, steps to the Oak Bay border! This rare 65' x 200' (13,000 sq ft per BC Assessment) property offers excellent rental income potential, ideally suited to tenants seeking proximity to the hospital, making it an attractive holding property for investors. The existing legal up/down duplex features a 1,600 sq ft main floor (2-3 beds), a self contained 2 bedroom suite, and an additional 1 bedroom suite. Generate rental income today while exploring the significant long term redevelopment potential of this substantial urban lot. Centrally located near the hospital, transit, schools & amenities, with downtown Victoria within walking distance, the property offers exciting possibilities for townhouse, or houseplex development, subject to City approvals. A rare opportunity to combine multiple rental income streams with future development upside in a sought after, central location. (id:13843)
Details
| MLS # | 1052686 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1955 |
| Days On Site | 6 |
| Listing Provided By | Macdonald Realty Victoria | Mike Chubey |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,201 |
| Garage | 2 |
| Car Port | Yes |
| Zoning | Residential |
| Acreage | 0.30 |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Forced air, Electric, Natural gas, Wood, Other |
| Appliances | Washer, Refrigerator, Dryer |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
Exterior
| Lot Features | Central location, Level lot, See remarks, Other, Rectangular |
|---|
Parking
| Parking Features | Attached Garage, Carport |
|---|---|
| Parking Total | 2 |
Taxes
| Tax Annual Amount | 8715.72 |
|---|---|
| Tax Lot | C |
Area Information
| Province | BC |
|---|---|
| City | Victoria |
| Postal Code | V8R1Y4 |
| Listing VS Median (in V8R1Y4) | |
Price: $1,299,000 low | high Med: $887,000 sqft: 3,201 low | high Med: 1,952 $ / sqft: $406 low | high Med: $541 On site: 6 low | high Med: 16.5 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Victoria |
| Postal Code | V8R1Y4 |
| Listing VS Median (in V8R1Y4) | |
Price: $1,299,000 low | high Med: $887,000 sqft: 3,201 low | high Med: 1,952 $ / sqft: $406 low | high Med: $541 On site: 6 low | high Med: 16.5 | |
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