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405 732 Cormorant St Victoria, British Columbia V8W 4A5

2 Bedroom 2 Bathroom 1273 sqft
Westcoast Fireplace None Baseboard Heaters

$1,099,000

Maintenance,

$690 Monthly

Welcome to Corazon Oasis! A 5 star, legally operating, vacation rental condo in the heart of downtown Victoria. Featuring a spacious master bedroom with sitting area, walk-in closet and full 5 piece ensuite, open concept living, kitchen and dining, a large den that has been converted into a third bedroom and a 20ft balcony with city views. This condo comes fully furnished and turn key with $50,000 in bookings over the next 4 months! Nightly rates vary form $700/n in the high season to $300/n in the low season. This investment condo blows away cap rates of other real estate investments in this price range, and will generate you passive income for years to come. 1 underground parking spot and storage locker included. Offered at $1,099,000 + GST. (id:24231)

Property Details

MLS® Number 904118
Property Type Single Family
Neigbourhood Downtown
Community Name Corazon
Community Features Pets Allowed With Restrictions, Family Oriented
Features Rectangular
Parking Space Total 1
View Type City View

Building

Bathroom Total 2
Bedrooms Total 2
Appliances Refrigerator, Stove, Washer, Dryer
Architectural Style Westcoast
Constructed Date 2005
Cooling Type None
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 1273 Sqft
Total Finished Area 1273 Sqft
Type Apartment

Land

Acreage No
Size Irregular 1273
Size Total 1273 Sqft
Size Total Text 1273 Sqft
Zoning Description Ct
Zoning Type Multi-family

Rooms

Level Type Dimensions
Main Level Den 11' x 8'
Main Level Bathroom 4-Piece
Main Level Bedroom 12' x 10'
Main Level Bathroom 5-Piece
Main Level Primary Bedroom 19' x 11'
Main Level Kitchen 12' x 8'
Main Level Dining Room 13' x 10'
Main Level Living Room 15' x 12'
Main Level Balcony 20' x 5'

https://www.realtor.ca/real-estate/24445237/405-732-cormorant-st-victoria-downtown

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