For Sale

51 Marlborough Street, Victoria, British Columbia V8V4A6

$2,984,000

51 Marlborough Street, Victoria, British Columbia V8V4A6 is For Sale and has a listing price of 2,984,000. The property is located in the Fairfield neighbourhood. It's been on the website for 175 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 8
    Parking Spaces
  • MLS ID: 970506
  • Office Name NAI Commercial (Victoria) Inc.,NAI Commercial (Vic
Property Description

Welcome to this exceptional West Fairfield investment opportunity (Marlborough House contains 9 authorized residential suites). It is situated at the corner of Marlborough St. and Woodstock Ave. on two lots totaling 13,477 square feet. The location offers an unparalleled blend of urban convenience and natural beauty, minutes from downtown Victoria and steps from Victoria’s famous Beacon Hill Park and the spectacular Dallas Road waterfront. The property has been owned since the 70’s by an out-of-province family who now have other interests. Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. See the financials in supplements or call to receive the financials. (id:43137)

Property Details
  • MLS ID: 970506
  • Price: $2,984,000
  • Transaction Types: For Sale
  • Ref ID: 27172654
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
07/14/2024 970506 $2,984,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Fairfield
  • $1,055,031 Average List Price
    based on 1 year
  • 9 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +6.5%
  • 3 Month Change +21.4%
  • 6 Month Change +19.9%
Walkscore
Property Type Distribution
  • All Houses
    41.49%
  • Commercial
    2.66%
  • Condo
    55.14%
  • Land for Sale
    0.71%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air, Hot Water
  • Cooling System None
  • Total Parking Spaces: 8
  • Property Features Other, Central Location, Level Lot, Corner Site
  • Fireplace False
  • Security Fire Alarm System
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 14/07/2024 00:00:00
  • Agent Name: Andre Beauregard,Timothy Taylor
  • Last Updated: 14/08/2024 19:15:07
Open House Dates
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