516 Su'it St, Victoria

2025-05-14
 

Quick Summary

Location
516 Su'it St, Victoria, British Columbia V8V4C4
Price
$1,499,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
4616 sqft
Bedrooms:
4
Bathrooms:
4
Year of Construction:
1910
Video Link:

MLS®#999254

Property 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:32467)

Property Features

Building

  • Appliances: Refrigerator, Stove, Washer, Dryer
  • Architectural Style: Character
  • Cooling Type: None
  • Fireplace: Yes
  • Interior Size: 4616 sqft
  • Building Type: Fourplex

Features

  • Feature: Central location, Other

Land

  • Land Size: 5700 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: Medium Density

Information entered by Royal LePage Coast Capital - Chatterton
Listing information last updated on: 2025-07-05 21:35:38


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

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