About this Business in Out of Town
Legal 4-Plex in a prime, central location in the heart of Esquimalt. This Property has several options for use and future upside. The Property has been successfully rezoned to allow for a 17-unit multifamily development, and in the meantime can produce revenue while holding. Or if you're looking for a multi-generation accomodation, this would be perfect, with four two bedroom one bath suites on two levels. Each suite has an individual outside entrance door with easy access in… and out of the suites. Great opportunity for investors as a strategic holding property with an eye for future development with the zoning already in place, or use the rents from 3-units to pay your mortgage as you live in one unit! The location is incredible for a discerning Buyer, being close to Greater Victoria's 3
Listed by ROYAL LEPAGE COAST CAPITAL - OAK BAY (VREB).
Legal 4-Plex in a prime, central location in the heart of Esquimalt. This Property has several options for use and future upside. The Property has been successfully rezoned to allow for a 17-unit multifamily development, and in the meantime can produce revenue while holding. Or if you're looking for a multi-generation accomodation, this would be perfect, with four two bedroom one bath suites on two levels. Each suite has an individual outside entrance door with easy access in and out of the suites. Great opportunity for investors as a strategic holding property with an eye for future development with the zoning already in place, or use the rents from 3-units to pay your mortgage as you live in one unit! The location is incredible for a discerning Buyer, being close to Greater Victoria's 3
Listed by ROYAL LEPAGE COAST CAPITAL - OAK BAY (VREB).
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®: R3066108
- Bedrooms: 8
- Bathrooms: 4
- Type: Business
- Square Feet: 3,299 sqft
- Lot Size: 7,441 sqft
- Frontage: 60.37 ft
- Full Baths: 4
- Half Baths: 0
- Taxes: $10311
- Basement: None
- Storeys: 2 storeys
- Year Built: 1969
Walkscore Of This Listing
More About Out of Town, Out of Town
latitude: 48.43076739
longitude: -123.417999902
Postal Code: V9A 6N8
