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  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC
  • 51 Marlborough Street, Victoria, BC

0.31 AC
Multifamily
$2,984,000
Sale


Andre Beauregard
Andre Beauregard
NAI Commercial (Victoria) Inc.

The Space
Asking Price$2,984,000
Available Space0.31 AC
MLS® ID970506
Year Built1912
Parking Spaces8
SourceVictoria Real Estate Board

Basement
Fire Alarm
Laundry Room
Parking
Transit Nearby
Adult Oriented Neighbourhood
Central Location
Corner Lot
Easy Access
Landscaped
Level
Recreation Nearby
Serviced
Shopping Nearby
Sidewalk

The Building

Welcome to this exceptional West Fairfield investment opportunity (Marlborough House contains 9 authorized residential suites). It is situated at the corner of Marlborough St. and Woodstock Ave. on two lots totaling 13,477 square feet. The location offers an unparalleled blend of urban convenience and natural beauty, minutes from downtown Victoria and steps from Victoria’s famous Beacon Hill Park and the spectacular Dallas Road waterfront. The property has been owned since the 70’s by an out-of-province family who now have other interests. Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. See the financials in supplements.

Property TypeMultifamily
Building Size5,700 ft²
Lot Size0.31 AC
MLS® ID970506
Year Built1912
Parking Spaces8

Basement
Fire Alarm
Laundry Room
Parking
Transit Nearby
Adult Oriented Neighbourhood
Central Location
Corner Lot
Easy Access
Landscaped
Level
Recreation Nearby
Serviced
Shopping Nearby
Sidewalk

NOTE: 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.

Inquire
Andre Beauregard
Andre Beauregard
NAI Commercial (Victoria) Inc.
Contact
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