$5,600,000
$6,825,000
17.9%For more information regarding the value of a property, please contact us for a free consultation.
908 Cook St Victoria, BC V8V 3Z3
0.33 Acres Lot
Key Details
Sold Price $5,600,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 954257
Sold Date 08/12/24
Rental Info Unrestricted
Year Built 1963
Annual Tax Amount $28,706
Tax Year 2023
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 120X120
Property Description
FIRST TIME ON MARKET! Single family owned and operated. This 25 unit apartment is located in the highly desireable Fairfield/Cook neighborhood. Offering quick access to downtown Victoria. Offering convenient access to shopping, bus service and ammenities. The property features a 14,400 sq ft corner lot, designated R2-AM-1 Multi Family and situated on the corner of Cook and Burdett. Building has been well maintained for its entire life. Grounds and gardens are well kept with new front walk. Laundry room includes coin operated machines. Bright and clean sunroom on rooftop with deck. 908 Cook Street offers an investor/developer a future redevelopement potential. This property offers significant rental upside for an investor through natural tenant turnover of mostly senior tenants.
An rare investment opportunity in one of Canada's most desireable real estate markets.
Location
Province BC
County Capital Regional District
Area Vi Fairfield West
Zoning R3-AM-1
Interior
Heating Hot Water
Flooring Carpet, Hardwood, Vinyl
Exterior
Exterior Feature Fencing: Partial, Garden
Parking On Site 1
Utilities Available Cable To Lot, Electricity To Lot, Garbage, Natural Gas To Lot, Phone To Lot, Recycling
Total Parking Spaces 19
Building
Lot Description Central Location, Corner, Easy Access, Landscaped
Story 4
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Concrete,Frame Wood,Stucco & Siding
Others
Tax ID 004-518-683
Ownership Freehold
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Bought with CBRE Limited