438,440&442 Montreal St

Row/Townhouse For Sale in Vi James Bay, Victoria

$1,695,000
  • 3 Beds
  • 2 Baths
  • 3,722 Sq. Ft.
  • Built 1903

A rare chance to acquire a large corner property in desirable James Bay with three legal town homes in two residences on a single title. Zoned RK (Medium Density Attached Dwelling District), 442 Montreal St. is the original 1903 home while 438-440 Montreal St. was purpose built in 1981 as a rental unit with two one-bedroom town homes. Subdivide into two single family properties? (correspondence with city available) Renovate for greater density with a third floor on 438-440? (see RK zoning provisions), or redevelop completely? There is no heritage designation on the property. James Bay is unequalled on the Island for services, amenities and recreational opportunities all within easy, level walking distance plus a quiet, friendly neighbourhood ambience. Raise your family in the catchment for acclaimed South Park School, walk to work downtown, or retire with numerous recreational amenities at your doorstep. Keep your boat at Fisherman's Wharf, or the Coast Hotel & Marina just across Kingston St., or launch at the James Bay Anglers nearby. Victoria's favourite walking paths along the Dallas Road are minutes away. Para-sail, wind-surf, or just sit on the beach. Shopping and services are a few blocks away in James Bay village. Pubs, restaurants and cafes - even the new James Bay Urgent and Primary Care Centre - are just a short walk away. All this and fresh sea air! Please note 438 Montreal St. is now vacant due a recent fire confined to the upper floor of the unit; main floor can be viewed on short notice. Remediation is underway. 440 Montreal, the rear unit, continues to be rented. The Sellers are open to discussions on renovation/remediation options with the Buyer.
Address 438,440&442 Montreal St
List Price $1,695,000
Property Type Residential
Type of Dwelling Row/Townhouse
Area Victoria
Sub-Area Vi James Bay
Bedrooms 3
Bathrooms 2
Floor Area 3,722 Sq. Ft.
Lot Size 7058 Sq. Ft.
Year Built 1903
MLS® Number 882671
Listing Brokerage Pemberton Holmes - Cloverdale
Basement Area Crawl Space, Not Full Height, Partially Finished
Postal Code V8V 1Z7
Tax Amount $6,589
Tax Year 2021
Features Baseboard, Dining Room, Forced Air, French Doors, Hardwood, Mixed, Natural Gas, Storage, Tile, Wood Frames
Amenities Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Fencing: Full, Garden, Irregular Lot, Level, Marina Nearby, No Through Road, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Storage Shed

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Allison Ducluzeau

Pemberton Holmes Ltd.

#150-805 Cloverdale Avenue Victoria BC V8X 2S9

Mobile: (250) 686-8656

Office: (250) 384-8124

Toll Free: 1-800-665-5303

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