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1850 Oak Bay Ave Victoria, British Columbia V8R 1C5

4 Bedroom 4 Bathroom 3334 sqft
Fireplace

$1,680,000

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. (id:24231)

Property Details

MLS® Number 416750
Property Type Single Family
Neigbourhood Jubilee
Features Treed
Parking Space Total 3
View Type City View

Building

Bathroom Total 4
Bedrooms Total 4
Constructed Date 1909
Construction Style Attachment Detached
Fireplace Present Yes
Fireplace Total 3
Size Interior 3334 Sqft
Type House

Land

Acreage No
Size Irregular 5900
Size Total 5900 Sqft
Size Total Text 5900 Sqft
Zoning Type Residential/commercial

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=21224302

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