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Ph: 250.655.0608 Fax: 250.655.0618
Email: kdinnie-smyth@shaw.ca
#14-2510 Bevan Avenue, Sidney, BC V8L 1W3
 
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$3,400,000 - ML# 917652
121 Menzies St
Victoria - Vi James Bay

This is only a guide. Please verify this information with your mortgage specialist.

Outstanding 12 unit heritage conversion for sale in the heart of James Bay. The ‘Sims Residence” was built in 1907. It was lifted in 1991, and extensively renovated in the mid 1990’s, this is a solid revenue generating asset. From the overbuilt foundation, fire-guard drywall throughout, offset baffled walls between units (noise reduction), sprinkler system, and high quality storm-rated shingles, this is a building with solid bones and fantastic potential. Located across the street from James Bay Thrifty’s, this is the hub of the community and the heart of the old city. Coin-op Laundry, bike storage, and opportunity for additional storage revenue, there is a lot of opportunity here. Detached garden suite w/ loft could make a fantastic owner-occupied space. R-2, two family zoning, this is probably the highest-and-best use you will find for a registered heritage home in Victoria. Own a piece of history, and create some of your own for future generations.

Title:
Freehold 
Transaction Type:
 
Includes Building:
No 
Includes Business:
No 
Includes Land:
No 
Sale/Lease Type:
Sale of Assets,See Remarks 
Possession:
Possession Notes:
Existing Monthly Tenants in Place. 
Taxes:
$11,039.17 (2022) 
Year Built:
1907 
Additional Rent/SqFt:
 
Existing Lease Expiration Date:
 
Business Name:
 
Business Established:
 
Gross Income:
 
Net Income:
 

Building Details

Building Features:
Bike Storage,Fire Sprinklers,Laundry Room,Shopping Centre,Shopping Nearby,Storage Room,Transit Nearby,Visual Exposure 
Building Type:
 
Accessibility:
 
Construction Foundation:
Poured Concrete 
Exterior Finish:
Fenced,Fencing: Full,Low Maintenance Yard 
Exterior Features:
Fenced,Fencing: Full,Low Maintenance Yard 
Cooling:
 
Heat:
Hot Water,Radiant Floor,Mixed 
Approx. Value of Fixed Equip:
 
Parking Spaces:
 
Stories:
 

Lot Information

SqFt:
 
Acres:
 
Total SqFt:
3324 
Lot:
60x82. 
Lot Shape:
 
Lot Features:
Central Location,Curb & Gutter,Family-Oriented Neighbourhood,Level,Recreation Nearby,Serviced,Shopping Nearby,Sidewalk 
Lot Frontage:
 
Water:
Municipal 
Waste:
Sewer Connected 
Parking:
 
Location Features:
Central Location,Curb & Gutter,Family-Oriented Neighbourhood,Level,Recreation Nearby,Serviced,Shopping Nearby,Sidewalk 

Strata Information

Complex:
 
Managed By:
 
Monthly Assessment:
$0 
Shared Amenities:
 

Listed with:

RE/MAX Camosun

RE/MAX Camosun

RE/MAX Camosun
Phone: 250-661-2338 / Fax:

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.