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1044 Hillside Ave
Vi Hillside Victoria V8T 2A5

$3,299,000
Commercial Sale built: 2010

Main Photo: 1044 Hillside Ave in Victoria: Vi Hillside Multi Family for sale : MLS®# 972789
Photo 1: 1044 Hillside Ave in Victoria: Vi Hillside Multi Family for sale : MLS®# 972789
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
972789
Year Built:
2010
Prime Location+Golden Opportunity=Hazlett Apartments at 1044 Hillside Ave! This revenue 8-Plex property(TWO 4-Plex buildings) with 5 separate strata titles presents an incredible value in respect to location, property condition and profit. The rear building was constructed in 2010&the front bldg was built in 1957 w/upgrades. Front bldg consists of Four 1 bed Suites, 4pc baths, spacious living area &Suite 3 is renovated w/open concept kitchen, new appliances &flooring and washer&dryer. The rear bldg consists of TWO 1 bed&1bath suites w/gas fireplace, open concept living and HWT; and TWO 2 beds&2.5 bath TWO level suites w/gas fireplace&stove, master bed w/ensuite & walk-in closet, washers&dryers. Common facilities include sun deck for gardening, 2 sets of washers&dryers, storage units, Suites&Visitor Parkings. Well maintained and managed property with stable tenants and great potential in profit increase. Owning a revenue property in an unbeatable location is just this easy!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
2010 (Age: 14)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Hillside, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
9,815.068 sq. ft.
Taxes:
Building Features:
Laundry Room, Parking, Storage Room, Transit Nearby, See Remarks
Construction:
Concrete, Wood
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
3
Ceiling Heights:
Floor finish:
Carpet, Hardwood, Mixed, Tile
Total Building Area:
6,529 sq. ft.
Commercial Area:
Water supply:
Municipal, To Lot
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric, Hot Water, Natural Gas
Fireplace:
No
Pending Date:
Fixtures, Gas, Parking, Real Estate
Balcony, Balcony/Deck, Balcony/Patio, Low Maintenance Yard
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
R3-2 Multiple Dwelling
Units in Building:
Units in Community:
Occupancy:
Tenant
Utilities:
Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling, See Remarks
Lot Site Features:
Landscaped, Level, Rectangular Lot, Sidewalk
Parking Features:
On Site
Total Parking Spaces:
9
Total Units:
Date Listed:
Aug 08, 2024
Original Price:
3299000.0
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Listed by DFH Real Estate Ltd.
Data was last updated November 6, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
79
Avg list price:
$625,000
Min list price:
$16
Max list price:
$6,000,000
Avg days on market:
100
Min days on market:
1
Max days on market:
660
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
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.