1850 Oak Bay Ave, Victoria, BC V8R 1C5

$1,680,000
4
BD
4
BA
3,334
SqFt
List Price
$1,680,000
Status
CURRENT
MLS® #
416750
Property Type
Single Family Residential
Year Built
1909
Title
Freehold
Style
Character
Bedrooms
4
Total baths
4
Living Area
3,334
Acres
0.14
Lot Size
5,900
District
Victoria
Neighbourhood
Vi Jubilee

Property Description

Lovely, well maintained and upgraded character residential/commercial property fronting Oak Bay Ave . This property could be a perfect location for a live/work arrangement, a multi-revenue mortgage helper or be a attractive place to call home in a great neighbourhood. In addition to the ground floor commercial space, which is is currently leased on a month to month lease, the building contains two X 2 bedroom suites. The main floor suite is a very large with a modern kitchen, comfortable living and dining room and each of the large bedrooms have their own on suite baths, Top floor is a bright, smaller two bedroom, with 4 piece bath. If purchased as a holding property the potential return at current market rents would be 3.9% on asking price. There may also be potential for development to a 4 floor multi-family building. This is a very attractive property close to shopping and on bus routes with extraordinary options in both the immediate and longer term.

Additional Information

Layout
Main Level Entry with Lower/Upper Lvl(s)
Lot Features
View: City, Serviced, Treed
Heating
Forced Air
Roof
Asphalt Shingle
Exterior Features
Balcony/Deck, Fenced Yard/Part
Interior Features
Blinds, Dining Room Separate, Dining-Living Combo, Flrs/Lino, Flrs/Wood, Wndw/Bay, Wndw/Covrngs
Parking Type
Driveway, Garage Double
Room Description
Bathroom, Bedroom, Dining, Kitchen, Living, Mast Bdrm
Basement Description
Finished - Partially, Walk-out, With Windows
Kitchens
2
Laundry Feature
In-House
Fireplace Description
Family Rm, Living Rm, Master Bedroom
Taxes
$6,572
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats, Dogs
Elementary School
61 Margaret Jenkins

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Pemberton Holmes Ltd. - Oak Bay

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