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Home BC Greater Victoria Victoria Fairfield
51 Marlborough St
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51 Marlborough St $2,984,000
$2,984,000
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51 Marlborough St
Victoria, British Columbia V8V4A6

MLS® Number: 970506

Listing Description

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 or call to receive the financials. (28143160)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Fairfield West
Title
Freehold
Land Size
13427 sqft
Built in
1912
Annual Property Taxes
$13,867
Total Parking Spaces
8
Time on REALTOR.ca
160 days

Building

Building Features
Features
Central location, Level lot, Corner Site, Other
Fire Protection
Fire alarm system
Total Units
9
Heating & Cooling
Cooling
None
Heating Type
Forced air, Hot Water, (Natural gas)
Parking
Total Parking Spaces
8

Measurements

Exterior Building Size
5700 sqft

Land

Other Property Information
Zoning Type
Unknown
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2

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