1124 Fairfield Rd

Multi-family For Sale in Victoria, British Columbia

$2,899,000

Dogwood Manor Hideaway - a sought-after bright character 9-suite, 4-floor with over 5,200 sq ft investment in the heart of Fairfield Cook Street Village just steps to Dallas Road Waterfront. The property where tenants love to live & people stop to enjoy the beautifully landscaped corner lot with veranda in classic Fairfield charm. Built in 1910 this grand home was converted, retaining the character to multi-family in 1977. There is a large Penthouse 1-bedroom plus den with a huge 645 sq ft ocean view deck & private elevator. Additionally 6 one-bedroom & 2 studios all with balconies, some with fireplaces. Well maintained with many recent renovations, flooring & kitchen upgrades. Featuring parking, coin-laundry, electrical meter for each suite, bike storage. Unique zoning allows for rentals or you can increase the revenue with a Bed and Breakfast or AirBnB. Gross current long-term rental income $147,000 annually with lovely tenants makes for low care passive income property. (id:4069)
Address 1124 Fairfield Rd
List Price $2,899,000
Property Type Multi-family
Type of Dwelling Multi-Family
Area British Columbia
Sub-Area Victoria
Lot Size 6270 Sq. Ft.
Year Built 1910
MLS® Number 875690
Listing Brokerage Sutton Group West Coast Realty
Postal Code V8V3A7
Zoning Multi Family

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Kane Ryan

Pemberton Holmes

1007 Johnson St Victoria BC V8V 3N8

Office: 250-986-8900

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