BC > Victoria
Victoria, BC V8V 4A6,51 Marlborough St
Victoria, BC V8V 4A6,51 Marlborough St
Victoria, BC V8V 4A6,51 Marlborough St
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Dallas King

Dallas King

+1(250) 858-5465
$2,745,000
Est. payment /mo
0.31 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 992285

Rental Info Unrestricted

Year Built 1912

Annual Tax Amount $14,265

Tax Year 2024

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 97.3 X 138

Property Sub-Type Multi Family

Property Description

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.

Location

Province BC

County Capital Regional District

Area Victoria

Interior

Heating Forced Air, Hot Water, Natural Gas

Cooling None

Flooring Carpet, Hardwood, Linoleum

Inclusions Fixtures

Heat Source Forced Air, Hot Water, Natural Gas

Exterior

Exterior Feature Balcony, Balcony/Deck, Balcony/Patio

Parking On Site 1

Utilities Available Cable To Lot, Electricity To Lot, Natural Gas To Lot, Phone To Lot

Total Parking Spaces 4

Building

Lot Description Adult-Oriented Neighbourhood, Central Location, Corner, Easy Access, Landscaped, Level, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk

Building Description Frame Wood, Basement,Fire Alarm,Laundry Room,Parking,Transit Nearby

Foundation Block

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood

Others

Pets Allowed Yes

Restrictions None

Tax ID 008-135-169

Ownership Freehold

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Listed by NAI Commercial (Victoria) Inc.
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+1(250) 858-5465

dallas@victoriahomes.com

202-3440 Douglas St, Victoria, V8Z, 3L5, Canada

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