516 Suit St

For Sale 115 Days
$1,599,000 $100K
$1,499,000
4 beds
4 baths
4,616 Sqft

516 Suit St

For Sale 115 Days
$1,599,000 $100K
$1,499,000
4 beds
4 baths
4,616 Sqft

Highlights

Key insights

Description

You are invited to this rare opportunity to acquire a legal 4-plex character-conversion in the heart of Cook St. Village. Nearly 4000 sf combines the charm of yesteryear with extensive infrastructural upgrades and cosmetic renovations. The property offers owner-occupier versatility and long-term profitability. Corrected Current Gross Effective Income >$80,000. Four 1 BR suites (2 with fireplaces) and ample storage-flex space in the basement located on all major bus routes, mere blocks from Beacon Hill Park, Sir James Douglas Elementary and Dallas Road Beach. Potential bonus density afforded by Schedule G bylaw; Victoria’s Missing Middle OCP Infill updated 2025 Plan and Bill 44 Houseplex Action Plan Approved Area with RK Zoning. This one will earn well in any portfolio! Contact your realtor today for more details and preapproved showings. (id:55581)

Cameron Stewart of Royal LePage Coast Capital - Chatterton,
#999254
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Natural gas
  • Heat type
    Forced air
Exterior
  • # parking spaces
    3
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    4
  • Has fireplace (y/n)
    Yes
Location
  • Subdivision
    Fairfield east
  • View
    City view
  • Zoning description
    Other
Lot/ Land Details
  • Lot dimensions
    5700
Overview
  • Lot size (acres)
    0.13392857
  • Building size
    4616
  • Listing #
    999254
  • Property sub type
    Single family residence
  • Status
    Active
Rooms Information metric
  • Bedroom
    4.267m X 3.658m
    Level: 2nd
  • Bathroom
    4 - Piece
    Level: 2nd
  • Living room
    4.572m X 3.658m
    Level: 2nd
  • Kitchen
    3.962m X 3.658m
    Level: 2nd
  • Kitchen
    2.134m X 2.134m
    Level: Lower
  • Den
    2.134m X 1.829m
    Level: Lower
  • Bedroom
    3.962m X 2.743m
    Level: Lower
  • Bathroom
    4 - Piece
    Level: Lower
  • Living room
    4.267m X 3.962m
    Level: Main
  • Bedroom
    4.877m X 3.962m
    Level: Main
  • Bedroom
    3.962m X 2.743m
    Level: Main
  • Kitchen
    1.829m X 1.829m
    Level: Main
  • Bathroom
    4 - Piece
    Level: Main
  • Living room
    3.962m X 3.962m
    Level: Main
  • Bathroom
    4 - Piece
    Level: Main
  • Kitchen
    3.048m X 2.438m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28308602/516-suit-st-victoria-fairfield-east
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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