621 Constance Ave, Esquimalt, BC, V9A 6N8

$2,230,000

MLS® # 1020081

Investment For Sale In Esquimalt, British Columbia

$2,230,000

Property Information:

Wow! This legal four-plex in Greater Victoria is already re-zoned for a 17-unit multifamily development, but priced like an older house in East Vancouver. In the meantime, it offers steady rental income while you plan your next move. Each of the four two-bedroom, one-bath suites is self-contained, with its own outside entrance for easy access. Alternatively, you could live in one unit and rent out the other three to help cover carrying costs. It’s a solid holding property for investors or builders with future development in mind. Hold it, collect income, and move forward when the timing is right. The location is exceptional, close to Greater Victoria’s third-largest employer, CFB Esquimalt, and just a few blocks from the new Esquimalt Town Square and Village Project with ample amenities.

Property Features:

  • Bedrooms: 8
  • Bathrooms: 4
  • Annual Tax Amount: $10,311
  • Basement: None
  • Built in: 1969
  • Construction Materials: Stucco
  • Cooling: None
  • Floor Space (approx): 3299 Square Feet
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Laundry Features: Common Area
  • Lot Features: Level, Rectangular Lot
  • Lot Frontage: 7380 Square Feet
  • Lot Size: 7380.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Carport Quad+, Detached
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Zoning: CD No. 169
  • Zoning Description: Multi-Family
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 5

Rooms:

  • Living Main Level 3.66 m x 4.88 m
  • Kitchen Main Level 2.44 m x 4.88 m
  • Bedroom Main Level 3.05 m x 3.66 m
  • Bathroom Main Level
  • Bedroom Main Level 3.05 m x 3.05 m
  • Living Main Level 3.66 m x 4.88 m
  • Kitchen Main Level 2.44 m x 4.88 m
  • Bedroom Main Level 3.05 m x 3.66 m
  • Bathroom Main Level
  • Bedroom Main Level 3.05 m x 3.05 m

Courtesy of: Royal LePage Coast Capital Realty

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.

Additional Photos