516 Su'it St.

$1,599,000

Victoria, V8V 4C4
3957 sqft, 4 Beds, 4 Baths
View of front of house featuring a chimney and a front yard

Quadruplex home located in Victoria

  • Built in: 1910
  • Type: Residential
  • Style: Character,
  • Exterior Features: Fencing: Partial, Garden,
  • Cooling: None,
  • Heating: Forced Air, Natural Gas,
  • Fireplaces: 2
  • Appliances: F/S/W/D,
  • Basement: Partial, Unfinished, Walk-Out Access, With Windows,
  • Foundation Details: Concrete Perimeter,
  • Lot Size: 0.13 acres
  • Total Parking: 3
  • Parking Features: Driveway, On Street,
  • Features: Central Location, Shopping Nearby,
  • View: Array
  • Zoning: Medium Density

Description

You are invited to this rare opportunity to acquire a legal 4-plex character-conversion in the heart of Cook St. Village. Nearly 4000 sf combines the charm of yesteryear with extensive infrastructural upgrades and cosmetic renovations. The property offers owner-occupier versatility and long-term profitability. Corrected Current Gross Effective Income >$80,000. Four 1 BR suites (2 with fireplaces) and ample storage-flex space in the basement located on all major bus routes, mere blocks from Beacon Hill Park, Sir James Douglas Elementary and Dallas Road Beach. Potential bonus density afforded by Schedule G bylaw; Victoria’s Missing Middle OCP Infill updated 2025 Plan and Bill 44 Houseplex Action Plan Approved Area with RK Zoning. This one will earn well in any portfolio! Contact your realtor today for more details and preapproved showings.

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