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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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$4,990,000 - ML# 947294
936 Queens Ave
Victoria - Vi Central Park

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

Completely Renovated and Vacant! 7-suite character conversion facing south onto Central Park behind Crystal Pool. R-2 Family/Duplex zone, this property comprises: 3 legal One bedroom/studio suites on the ground floor; 2 main-level 2 bedroom suites - each with front entrance and backyard entrance; 2 upper floor suites, each with 2 bedrooms and a den. All suites have in-suite laundry, brand new appliances and separate BC Hydro meter. Separate secure bike storage in the backyard. Gardening space for each suite. Move-in ready, with occupancy certificate expected in mid-November 2023, start leasing December 1st. Potential Stabilized Effective Gross Income (EGI) of over $18,000 per month, not incl flat-rate Utility Fee. CMHC 5-year historical vacancy rate 1.3%. Building plans in supplements. Showings to be coordinated during business hours (9 am to 5 pm). All measurements to be verified. Property Taxes $7,389 in 2023. This one will earn well in any portfolio - long into the future!

Title:
Freehold 
Transaction Type:
 
Includes Building:
No 
Includes Business:
No 
Includes Land:
No 
Sale/Lease Type:
Sale of Assets 
Possession:
Immediate 
Possession Notes:
 
Taxes:
$7,389.00 (2023) 
Year Built:
1914 
Additional Rent/SqFt:
 
Existing Lease Expiration Date:
 
Business Name:
 
Business Established:
 
Gross Income:
 
Net Income:
 

Building Details

Building Features:
Bike Storage,Shopping Nearby 
Building Type:
 
Accessibility:
 
Construction Foundation:
Poured Concrete 
Exterior Finish:
Balcony/Deck 
Exterior Features:
Balcony/Deck 
Cooling:
None 
Heat:
Baseboard,Electric 
Approx. Value of Fixed Equip:
 
Parking Spaces:
 
Stories:
 

Lot Information

SqFt:
6400 
Acres:
0.15 
Total SqFt:
5880 
Lot:
50x128 
Lot Shape:
 
Lot Features:
Central Location,Park Setting 
Lot Frontage:
 
Water:
Municipal 
Waste:
Sewer Connected 
Parking:
 
Location Features:
Central Location,Park Setting 

Strata Information

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

Listed with:

RE/MAX Camosun
Phone: 778-584-5180 / 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.