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1850 Oak Bay Ave, Victoria, BC – $1,680,000

  • 4 Beds
  • 4 Baths
  • 3,334 Sqft
  • .14 Acres
  • 4 Beds
  • 4 Baths
  • 3,334 Sqft
  • .14 Acres

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1850 Oak Bay Ave

Lovely, well maintained and upgraded character residential/commercial property fronting Oak Bay Ave . This property could be a perfect location for a live/work arrangement, a multi-revenue mortgage helper or be a attractive place to call home in a great neighbourhood. In addition to the ground floor commercial space, which is is currently leased on a month to month lease, the building contains two X 2 bedroom suites. The main floor suite is a very large with a modern kitchen, comfortable living and dining room and each of the large bedrooms have their own on suite baths, Top floor is a bright, smaller two bedroom, with 4 piece bath. If purchased as a holding property the potential return at current market rents would be 3.9% on asking price. There may also be potential for development to a 4 floor multi-family building. This is a very attractive property close to shopping and on bus routes with extraordinary options in both the immediate and longer term.

Essential Information

  • MLS® #416750
  • Price$1,680,000
  • Bedrooms4
  • Bathrooms4
  • Square Footage3,334
  • Acres0.14
  • Year Built1909
  • TypeResidential
  • Sub-TypeSingle Family Detached
  • StyleCharacter
  • StatusCurrent
  • Taxes$6,572
  • Tax Year2019

Community Information

  • Address1850 Oak Bay Ave
  • SubdivisionVi Jubilee
  • CityVictoria
  • ProvinceBC
  • Postal CodeV8R 1C5

Amenities

  • Parking Spaces3
  • ParkingDriveway, Garage Double
  • GaragesAttached

Interior

  • HeatingForced Air
  • FireplaceYes
  • # of Fireplaces3

Interior Features

Blinds, Dining-Living Combo, Flrs/Wood, Wndw/Covrngs, Flrs/Lino, Sep Dine Room, Wndw/Bay

Fireplaces

Living Rm, Family Rm, Master Bedroom

Exterior

  • ExteriorWood
  • Exterior FeaturesBalcony/Deck, Fenced Yard/Part
  • Lot DescriptionView: City, Serviced, Treed
  • RoofAsphalt Shingle
  • ConstructionFrame Wood 2x4, Windows Wood
  • FoundationConcrete Poured

School Information

  • Elementary61 Margaret Jenkins

Additional Information

  • Date ListedOctober 8th, 2019
  • Days on Market2
  • ZoningResidential/Commercial

Listing Office

Pemberton Holmes Ltd. - Oak Bay

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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.