VICTORIA
1031 Terrace Ave
Vi Rockland
V8S 3V2
$2,999,900
Commercial Sale
built: 1905
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 863445
- Year Built:
- 1905
- Photos (23)
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Classic 10 Suite Rockland Revenue Property! Featuring: 1 x 2BR, 4 x 1BR, and 5 x Bachelor Suites. First time on the market since 2003! This 2½-storey Tudor Revival Arts & Crafts style house was designed by architect Samuel Maclure with an admiration and influence from the work of Frank Lloyd Wright. Situated on a large 0.62 Acre property that offers further potential for development. Some suites offer Panoramic Views of Mt. Baker, Ocean and Amazing Sunrises to the East! A rare opportunity to purchase a character investment property in one of Victoria’s most sought after neighbourhoods!
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1905 (Age: 116)
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Vi Rockland, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.62 acre(s)0.251 hectare(s)
- Taxes:
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- Building Features:
- Basement, Laundry Room, Parking
- Construction:
- Stucco, Wood
- Foundation:
- Concrete Perimeter, Stone, Other
- Number of Storeys:
- 3
- Ceiling Heights:
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- Floor finish:
- Hardwood, Wood
- Total Building Area:
- 6,605 sq. ft.613.625 m2
- Commercial Area:
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- Water supply:
- Municipal
- Heating:
- Natural Gas
- Fireplace:
- No
- Pending Date:
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- Balcony/Patio, Fencing: Partial, Garden
- Mountain(s), Ocean
- Off Oak Bay Ave turn up Terrace Ave. The property is on the left.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Victoria
- Legal Description:
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- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Jan 21, 2021
- Original Price:
- 2999900.0
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Virtual Tour
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Listed by Century 21 Queenswood Realty Ltd.
Data was last updated February 28, 2021 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 53
- Avg list price:
- $787,000
- Min list price:
- $28,500
- Max list price:
- $9,700,000
- Avg days on market:
- 139
- Min days on market:
- 3
- Max days on market:
- 1,320
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- CHRISTINA STACK
- JONESCO REAL ESTATE INC
- 1 (250) 8576659
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.