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Key Details
Sold Price $1,525,000
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,751 sqft
Price per Sqft $870
MLS Listing ID 947051
Sold Date 07/31/24
Style Duplex Side/Side
Rental Info Unrestricted
Year Built 1939
Annual Tax Amount $6,687
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 56.7 x 132
Property Sub-Type Full Duplex
Property Description
Opportunity to acquire a well-situated development property located in the coveted Fairfield neighbourhood of Victoria. With easy access to all Victoria has to offer, downtown Victoria, Beacon Hill Park, Dallas Road, and Cook Street Village are all within walking distance from this unbeatable location. Given the current housing crisis, this property presents the opportunity for a developer to provide further relief to the missing middle housing initiative. The subject property presents a prime development opportunity situated within the Medium Density R-K Zone of the Fairfield neighbourhood with an allowable FSR of up to 2.5 within the Urban Residential designated area. A notable development site neighbouring the property, at 931 McClure Street, has been approved for a 3-storey townhouse development, in addition to several other high density buildings neighbouring the property.
Location
Province BC
County Capital Regional District
Area Vi Fairfield West
Zoning R-K - Medium Density Att
Direction North
Rooms
Basement Not Full Height, Partially Finished
Kitchen 0
Interior
Heating Forced Air, Natural Gas, Wood
Cooling None
Flooring Linoleum, Wood
Fireplaces Number 2
Fireplaces Type Living Room, Wood Burning
Fireplace 1
Window Features Blinds
Laundry In Unit
Exterior
Parking Features Other
Roof Type Asphalt Shingle
Total Parking Spaces 2
Building
Lot Description Cul-de-sac, Rectangular Lot
Building Description Stucco,Wood, Duplex Side/Side
Faces North
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Stucco,Wood
Others
Tax ID 002-466-384
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with Newtco Harry Newton Realty