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2524 Prior St Victoria, British Columbia V8T 3X6

5 Bedroom 2 Bathroom 4420 sqft
See Remarks Baseboard Heaters

$1,075,500

** INVESTMENT OPPORTUNITY** R-2 ** 3256 sq ft. with an upper 1628 sq.ft. 4 bdrm. suite, 1 bthrm. with large living room and kitchen, and a 568 sq ft. 1 bdrm, 1 bthrm. lower suite (currently rented at $1,056.) and a large impressive undeveloped, clean and ready to build area of 1,060 sq ft., 7'1"" ceiling ht. at grade with separate access. Pad parking in front for 2 vehicles. Upper Suite is currently vacant. CONSERVATIVE EXAMPLE ONLY: Potential rent in upper suite of $2,700.00 at $675. per adult for 4 sharing, creating a Cap rate of 3.7 based on $40,564 .N.O.I. without developing the extra 1,060 sq.ft.!! UPSIDE POTENTIAL $$. Well maintained over many years by one owner. Quiet street close to shopping, bus, schools and downtown. Easy to show . Just Touchbase and go, but please view occupied lower back suite on second showing with 24 hrs notice. Floor plan available this Friday. (id:37253)

Property Details

MLS® Number 855908
Property Type Single Family
Neigbourhood Hillside
Features Level Lot, Private Setting, Other
Parking Space Total 2
Plan Vip891

Building

Bathroom Total 2
Bedrooms Total 5
Constructed Date 1947
Cooling Type See Remarks
Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 4420 Sqft
Total Finished Area 3322 Sqft
Type House

Land

Acreage No
Size Irregular 5200
Size Total 5200 Sqft
Size Total Text 5200 Sqft
Zoning Description R-2
Zoning Type Duplex

Rooms

Level Type Dimensions
Lower Level Living Room 16'6"" x 15'2""
Lower Level Kitchen 7'9"" x 6'4""
Lower Level Bedroom 15'2"" x 11'8""
Lower Level Bathroom 7' x 6'4""
Main Level Dining Room 11'2"" x 9'9""
Main Level Kitchen 11'3"" x 10'3""
Main Level Bedroom 15'8"" x 11'5""
Main Level Bedroom 10'7"" x 10'2""
Main Level Bedroom 15'8"" x 11'8""
Main Level Bedroom 14' x 10'7""
Main Level Bathroom 12' x 6'
Main Level Living Room 15'8"" x 11'8""

https://www.realtor.ca/real-estate/22371871/2524-prior-st-victoria-hillside


Bruce McMillan

(250) 479-3333
brucemcmillanrealty.com

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