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$2,200,000
101 Ontario St, Victoria, BC V8V 1M8
0 Beds
0 Baths
n/a sqft

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Excellent Investment Opportunity! Charming, well maintained 9 suite revenue property in desirable James Bay. Ideally located just 2 blocks to Fisherman's Wharf and walking distance to Dallas Road, grocery stores, restaurants, the legislature, new library and all amenities of Downtown. Originally built in 1908, this character three story building was converted to 8 suites in 1976, with an additional suite subsequently added. This property has been owned by the same family for 30 years and shows pride of ownership with significant capital upgrades over recent years. Improvements include new decks, fire alarm system, rear staircase and exterior paint. There are seven 1 bedroom + 2 bachelor suites in this revenue property and each unit is separately metered for hydro, heat & hot water. The building also offers shared laundry, bike storage & storage lockers. Low maintenance 7,200 sq.ft. lot provides onsite parking for 7-8 vehicles.
  • Price:
  • $2,200,000
  • Acreage:
  • 0.17
  • Year Built:
  • 1908
  • Listing ID #:
  • 870902
  • Street Address:
  • 101 Ontario St
  • City:
  • Victoria
  • Province:
  • British Columbia
  • Postal Code:
  • V8V 1M8
  • County:
  • Regional District
  • Community:
  • Victoria
  • Subarea:
  • Vi James Bay
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Construction Type:
  • Frame Wood
  • Exterior Features:
  • Balcony/Deck, Balcony/Patio, Fencing: Partial, Low Maintenance Yard
  • Features:
  • Bike Storage, Fire Alarm, Laundry Room, Parking, Storage Room
  • Flooring:
  • Carpet, Hardwood, Vinyl
  • Foundation:
  • Concrete Perimeter
  • Number Of Units:
  • 9
  • Year Built:
  • 1908
  • Conforms To Zoning:
  • R-2
  • Lot Size:
  • 0.17
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 7200
  • Road Frontage Type:
  • Street
  • Days On Market:
  • 80
  • Originating Mls:
  • Victoria Real Estate Board
  • Terms:
  • Purchaser To Finance
  • Street Type:
  • St
  • Sub Area:
  • Vi James Bay
  • Ownership:
  • Freehold
  • Property Taxes:
  • $8,952
  • Tax Year:
  • 2020
  • Parking Description:
  • On Site
  • Parking Spaces:
  • 8
  • Heating:
  • Baseboard, Electric
  • Listing Provided By Allison Ducluzeau of Pemberton Holmes - Cloverdale

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