- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 970506
- Year Built:
- 1912
- Photos (16)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
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.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1912 (Age: 112)
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Vi Fairfield West, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 13,427 sq. ft.
- Lot Details:
- 97.3 X 138
- Taxes:
- Signup
- Building Features:
- Basement, Fire Alarm, Laundry Room, Parking, Transit Nearby
- Construction:
- Frame Wood
- Foundation:
- Block
- Electricity:
- Yes
- Number of Storeys:
- 3
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Hardwood, Linoleum
- Total Building Area:
- 5,700 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Forced Air, Hot Water, Natural Gas
- Fireplace:
- No
- Pending Date:
- Signup
- Fixtures
- Balcony, Balcony/Deck, Balcony/Patio
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Utilities:
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
- Lot Site Features:
- Adult-Oriented Neighbourhood, Central Location, Corner Lot, Easy Access, Landscaped, Level, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk
- Parking Features:
- On Site
- Total Parking Spaces:
- 8
- Road Frontage Type:
- Street
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jul 14, 2024
- Original Price:
- 2984000.0
-
View from Marlborough St -
View from corner of Woodstock Ave and Marlborough St
-
Marlborough House nameplate
-
Beautiful entry staircase
-
Photo 5 of 16
-
Fireplace
-
Windows in all suites
-
Hallway in suite
-
Photo 9 of 16
-
Photo 10 of 16
-
Photo 11 of 16
-
Photo 12 of 16
-
Photo 13 of 16
-
Separate free standing garage from Woodstock Ave
-
Back of garage
-
Carport on property
Listed by NAI Commercial (Victoria) Inc.
Data was last updated December 27, 2024 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 69
- Avg list price:
- $798,150
- Min list price:
- $16
- Max list price:
- $6,000,000
- Avg days on market:
- 128
- Min days on market:
- 7
- Max days on market:
- 710
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- DAN SILBURN
- RE/MAX CAMOSUN WESTSHORE
- 250-885-6726
- Contact by Email
powered by myRealPage.com