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1016 North Park St
Vi Fernwood
Victoria
V8T 1C6
$2,125,000
Residential
beds: 8
baths: 4.0
4,801 sq. ft.
built: 1948
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 962467
- Bedrooms:
- 8
- Bathrooms:
- 4
- Year Built:
- 1948
- Photos (61)
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Quadraplex on North Park in better than new condition! True turn key property, extensively renovated & upgraded that 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:
- Residential
- Type:
- Full Duplex
- Year built:
- 1948 (Age: 76)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 4,801 sq. ft.446.027 m2
- Listing General Location:
- Vi Fernwood, Victoria
- Bedrooms:
- 8
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Size:
- 7,000.048 sq. ft.650.326 m2
- Kitchens:
- 4
- Home Style:
- Character, Conversion
- Taxes:
- Signup
- Building Features:
- Basement, Fire Alarm, Security System, Transit Nearby
- Construction:
- Frame Wood, Stucco
- New Construction:
- No
- Basement:
- Full, Not Full Height, With Windows
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Asphalt Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Basement Slab, Hardwood, Tile
- Total Building Area:
- 4,801 sq. ft.446.027 m2
- Total Unfinished Area:
- 0 sq. ft.0 m2
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 8
- # Main Level Bedrooms:
- 6
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 2
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 2
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 2,390 sq. ft.222.038 m2
- Living Area Main Floor:
- 2,411 sq. ft.223.989 m2
- Living Area Other Floor:
- 0 sq. ft.0 m2
- Living Area 2nd Floor:
- 0 sq. ft.0 m2
- Living Area 3rd Floor:
- 0 sq. ft.0 m2
- Fireplaces:
- 0
- Laundry Features:
- In House
- Water supply:
- Municipal, To Lot
- Sewer:
- Sewer To Lot
- Additional Accommodations:
- Exists
- Cooling:
- HVAC
- Heating:
- Electric, Forced Air, Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Dishwasher, F/S/W/D
- Dining/Living Combo
- Vinyl Frames
- Fencing: Full, Security System
- Between Vancouver & Cook
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Zoning:
- 1 STY Dupl
- Accessibility:
- Ground Level Main Floor
- Bed and Breakfast:
- Potential
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 3
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Other Equipment:
- Security System
- Occupancy:
- Tenant
- Property Condition:
- Resale, Updated/Remodeled
- Utilities:
- Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Recycling
- Exposure / Faces:
- Southeast
- Layout:
- Duplex Side/Side
- Lot Site Features:
- Level, Rectangular Lot
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Additional Parking, Driveway, Open, RV Access/Parking
- Total Parking Spaces:
- 6
- Total Units:
- Signup
- Date Listed:
- May 07, 2024
- Original Price:
- 2125000.0
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Virtual Tour 2
Larger map options:
Listed by DFH Real Estate Ltd.
Data was last updated May 20, 2024 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 37
- Avg list price:
- $899,900
- Min list price:
- $349,900
- Max list price:
- $2,125,000
- Avg days on market:
- 39
- Min days on market:
- 4
- Max days on market:
- 1,088
- Avg price per sq.ft.:
- $575.96
These statistics are generated based on the current listing's property type
and located in
Vi Fernwood. Average values are
derived using median calculations.
- Darren Day
- Day Team Realty Ltd
- 1 (250) 686-9222
- darren@dayteam.com
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.