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Dave Philps

6 Bedroom, 4 Bathroom, in Victoria
1016 North Park St, Victoria BC V8T 1C6 - $2,075,000 - MLS# 962467

Quadraplex on North Park, better than new condition & UNDER assessed value! Turn key, extensively renovated & upgraded, would make an ideal extended family or shared investment. 4 great fully separate units (both sides of full side by side duplex each with an existing non-conforming suite) generating $9400/mo cash flow! 8 Beds, 4 Baths, 4 Kitchens, 4 sep laundry & 6 off street Parking stalls. Two fantastic 3 bedroom upper units & Two huge 1 bedroom/studio's down. Full scale renovation in 2019 (interior/exterior) top to bottom from a reputable builder to high standard; built & designed for low maintenance on the residential rental market. Please see info package for more detail as to what was completed. Further value add with the substantial development potential if property assembled with neighbours who are open. Unique zoning with North Park Commercial Residential District already in place allows for flexible business & residential uses including live/work maker-spaces & multi-family.

Property Type
Bedrooms 8
Bathrooms 4
Floor Space 4801
Lot Size 0.16 acres
Year Built 1948
Level 1 Sq Ft 2411
Level 2 Sq Ft 2390
Lot Size 7000 square feet
Addtnl Accom Exists
Appliances Dishwasher, F/S/W/D, Security System
Lot Features Level, Rectangular Lot
Basement Full, Not Full Height, With Windows
Parking Additional Parking, Driveway, Open, RV Access/Parking
Site Features Fencing: Full, Security System, Basement, Fire Alarm, Security System, Transit Nearby
Accessibility Ground Level Main Floor
Laundry In House
Cooling HVAC

Listed by: Scott Loughton
DFH Real Estate Ltd.

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