516 Su'it St Victoria, British Columbia V8V 4C4

$1,599,000

You are invited to this rare opportunity to acquire a legal 4-plex character-conversion in the heart of Cook St. Village. Nearly 4000 sf combines the charm of yesteryear with extensive infrastructural upgrades and cosmetic renovations. The property offers owner-occupier versatility and long-term profitability. Corrected Current Gross Effective Income >$80,000. Four 1 BR suites (2 with fireplaces) and ample storage-flex space in the basement located on all major bus routes, mere blocks from Beacon Hill Park, Sir James Douglas Elementary and Dallas Road Beach. Potential bonus density afforded by Schedule G bylaw; Victoria’s Missing Middle OCP Infill updated 2025 Plan and Bill 44 Houseplex Action Plan Approved Area with RK Zoning. This one will earn well in any portfolio! Contact your realtor today for more details and preapproved showings. (id:46156)

Property Details

MLS® Number	999254
Property Type	Single Family
Neigbourhood	Fairfield East
Features	Central Location, Other
Parking Space Total	3
Plan	Vip826
View Type	City View

Building

Bathroom Total	4
Bedrooms Total	4
Appliances	Refrigerator, Stove, Washer, Dryer
Architectural Style	Character
Constructed Date	1910
Cooling Type	None
Fire Protection	Fire Alarm System
Fireplace Present	Yes
Fireplace Total	2
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	4,616 Ft2
Total Finished Area	3957 Sqft
Type	Fourplex

Land

Access Type	Road Access
Acreage	No
Size Irregular	5700
Size Total	5700 Sqft
Size Total Text	5700 Sqft
Zoning Description	Medium Density
Zoning Type	Other

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom	14 ft	12 ft	14 ft x 12 ft
Second Level	Living Room	15 ft	12 ft	15 ft x 12 ft
Second Level	Kitchen	13 ft	12 ft	13 ft x 12 ft
Second Level	Bathroom			4-Piece
Lower Level	Bathroom			4-Piece
Lower Level	Bedroom	13 ft	9 ft	13 ft x 9 ft
Lower Level	Kitchen	7 ft	7 ft	7 ft x 7 ft
Lower Level	Den	7 ft	6 ft	7 ft x 6 ft
Main Level	Bathroom			4-Piece
Main Level	Bedroom	13 ft	9 ft	13 ft x 9 ft
Main Level	Kitchen	6 ft	6 ft	6 ft x 6 ft
Main Level	Living Room	14 ft	13 ft	14 ft x 13 ft
Main Level	Kitchen	10 ft	8 ft	10 ft x 8 ft
Main Level	Bathroom			4-Piece
Main Level	Living Room	13 ft	13 ft	13 ft x 13 ft
Main Level	Bedroom	16 ft	13 ft	16 ft x 13 ft

https://www.realtor.ca/real-estate/28308602/516-suit-st-victoria-fairfield-east