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613 Herald St 502, Victoria, BC – $430,000

  • 1 Bed
  • 1 Bath
  • 520 Sqft
  • .01 Acres
  • 1 Bed
  • 1 Bath
  • 520 Sqft
  • .01 Acres

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613 Herald St 502

This short-term vacation rental has been 90% booked since brand new and is almost 100% booked for the summer with $6400 net bookings in August. This unit is projected to average $3000/month gross for the year. Enjoy modern downtown living in this unique 1-bed suite in the 2018-built Cityzen building, strategically located in the heart of China Town. The bright, open-concept floorplan is complimented by stainless steel appliances, laminate floors, and designer finishes throughout. Remote access and flexible short-term property management are available. Strata is professionally managed and most owners in the building are like-minded investors. This unit comes w/ secure bike storage, a large storage locker, and a MODO car share membership. One of the last buildings that allow legal short term rentals in the city! Pet-friendly, BBQ’s allowed. Walk score 99/100 & bike score 98/100! GST applicable - suite has been used solely as a business. Furniture negotiable!

Essential Information

  • MLS® #413323
  • Price$430,000
  • Bedrooms1
  • Bathrooms1
  • Square Footage520
  • Acres0.01
  • Year Built2018
  • TypeResidential
  • Sub-TypeCondo Apartment
  • StatusCurrent
  • Tax Year2018
  • Monthly Assessment Fee$210

Community Information

  • Address613 Herald St 502
  • SubdivisionVi Downtown
  • CityVictoria
  • ProvinceBC
  • Postal CodeV8W 1S8


  • ParkingUnderground - Secure


Bike Storage, Elevator, Garbage Removal, Property Management


  • Interior FeaturesFlrs/Laminate
  • HeatingBaseboard
  • # of Stories6


  • RoofTorch-on
  • FoundationConcrete Poured


Brick Facing, Stucco, Concrete Block, Metal

School Information

  • Elementary61 George Jay
  • Middle61 Central
  • High61 Vic High

Additional Information

  • Listing OfficeNAI Commercial (Victoria) Inc.
  • Date ListedJuly 9th, 2019
  • Days on Market3
  • ZoningMulti-Family
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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. The website must only be used by consumers for the purpose of locating and purchasing real estate.