7 Bedroom
3 Bathroom
4,186 sqft
Other
None
Forced Air
$1,895,000
Echoes of the Past, Looking to the Future. This Property proudly offers 7 bedrooms with 3 Accommodations, and a Country ambiance with City convenience. Huge 15,000 sq ft lot (100 x 150) GRD-1 Zoning. 1:6 promises a rich and varied future for the astute investor! Close to the RJH, Camosun, UVIC, and amenities. Walk score 99/100. A perfect holding property with excellent income. Please do not bother the Tenants. The Seller has spoken with the City of Victoria and understand that due to their large double-sized lot plus proximity to key transport corridors, the following could be developed: Development Options: A. 8-10 townhouses sited within the original lot; up to 3 stories each B. Existing house could be moved to one side, and a 2nd single family dwelling could be built on the open half lot with potential for subdivision. C. Subdivision of the lot into 2 normal sized lots, and development of new single family dwellings on each lot, with additional infill carriage units; D. Maintain the house as a cash-flow positive rental unit; keep as a holding property E. Other options, to be explored and determined by the buyer: BACKGROUND: The property is Zoned General Residential District 1 which allows for a diversity of building forms ranging from residential infill with a 1.6:1 floor square ratio and 14 m building height. This permits a wide range of options including houseplexes, house conversions, 3-story townhouses etc, without requiring rezoning. More intense development is also possible and would see an increase in options for floor square ratio and height. The house has character/historical value but is not on the Heritage register. It currently operates as a cash-flow positive ($9800/mo.) multi-family tenanted rental property with 6 off-street parking spaces. A Rare Opportunity indeed! (id:63400)
Property Details
|
MLS® Number
|
1033071 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
Jubilee |
|
Features
|
Private Setting, Other |
|
Parking Space Total
|
6 |
|
Plan
|
Vip332 |
|
Structure
|
Shed, Workshop |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Total
|
7 |
|
Architectural Style
|
Other |
|
Constructed Date
|
1913 |
|
Cooling Type
|
None |
|
Heating Fuel
|
Oil |
|
Heating Type
|
Forced Air |
|
Size Interior
|
4,186 Sqft |
|
Type
|
House |
Parking
Land
|
Acreage
|
No |
|
Size Irregular
|
15000 |
|
Size Total
|
15000 Sqft |
|
Size Total Text
|
15000 Sqft |
|
Zoning Type
|
Residential |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bedroom |
|
|
14' x 12' |
|
Second Level |
Bedroom |
|
|
13' x 11' |
|
Second Level |
Bedroom |
|
|
18' x 13' |
|
Second Level |
Bedroom |
|
|
14' x 12' |
|
Second Level |
Living Room |
|
|
17' x 7' |
|
Second Level |
Living Room |
|
|
20' x 13' |
|
Second Level |
Primary Bedroom |
|
|
21' x 11' |
|
Second Level |
Kitchen |
|
|
17' x 11' |
|
Third Level |
Kitchen |
|
|
10' x 8' |
|
Third Level |
Laundry Room |
|
|
19' x 16' |
|
Main Level |
Bathroom |
|
|
3-Piece |
|
Main Level |
Bathroom |
|
|
4-Piece |
|
Main Level |
Bathroom |
|
|
4-Piece |
|
Main Level |
Eating Area |
|
|
10' x 8' |
|
Main Level |
Living Room |
|
|
16' x 12' |
|
Main Level |
Eating Area |
|
|
17' x 11' |
|
Main Level |
Living Room |
|
|
14' x 14' |
|
Main Level |
Bedroom |
|
|
19' x 4' |
|
Main Level |
Primary Bedroom |
|
|
14' x 13' |
|
Main Level |
Kitchen |
|
|
19' x 13' |
|
Main Level |
Living Room |
|
|
19' x 5' |
|
Main Level |
Entrance |
|
|
16' x 6' |
https://www.realtor.ca/real-estate/29833716/1736-haultain-st-victoria-jubilee