For Sale

1120 May Street, Victoria, British Columbia V8V2S5

$1,990,000

1120 May Street, Victoria, British Columbia V8V2S5 is For Sale and has a listing price of 1,990,000. The property is located in the Fairfield neighbourhood. It's been on the website for 133 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 5
    Parking Spaces
  • MLS ID: 974248
  • Office Name Macdonald Realty Victoria
Property Description

Priced to sell! $62,000 below 2024 assessment. Fantastic 10-unit Multifamily at the best location of Cook St Village & Beacon Hill Park! Steps to Dallas Road waterfront and beaches. This income producing property consists of 3 two-bedroom, 2 one-bedroom, and 5 bachelor suites. R1-B Zoning, Multi-Family Conversion. 4 detached garages, onsite parking at the back and plenty of off street parking. Separate Hydro meters for each unit. Coin operated shared laundry. Low maintenance landscaping. Great investment potential for rezoning and future high density development. In the heart of Fairfield, one of the finest neighbourhoods in Victoria, short strolls to all amenities, parks, bus routes and downtown Victoria. A rare offering! (id:43137)

Property Details
  • MLS ID: 974248
  • Price: $1,990,000
  • Transaction Types: For Sale
  • Ref ID: 27339020
  • 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
08/28/2024 974248 $1,990,000 For Sale - -
01/18/2024 951418 $2,190,000 For Sale - -
10/08/2022 915510 $2,590,000 - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Fairfield
  • $1,058,807 Average List Price
    based on 1 year
  • 11 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 +23.2%
  • 3 Month Change +35.3%
  • 6 Month Change +33.6%
Walkscore
  • 87 Walk Score
    Very Walkable
  • 77 Transit Score
    Excellent Transit
  • 86 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    41.7%
  • Commercial
    2.65%
  • Condo
    54.95%
  • Land for Sale
    0.71%
Additional Details
  • Heat Source Electric
  • Heating System Baseboard Heaters, Hot Water
  • Total Parking Spaces: 5
  • Property Features Other, Central Location, Park Setting
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 28/08/2024 00:00:00
  • Zoning Fd-4, R1-e(15)
  • Agent Name: Jenny Wu
  • Last Updated: 28/08/2024 14:44:39
Open House Dates
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