SOLD (14/06/2021)

101 Ontario St

Multi Family For Sale in Vi James Bay, Victoria

  • Built 1908
Excellent Investment Opportunity! Charming, well maintained 9 suite revenue property in desirable James Bay. Ideally located just 2 blocks to Fisherman's Wharf and walking distance to Dallas Road, grocery stores, restaurants, the legislature, the new public library and all amenities of Downtown. Originally built in 1908, this character three story building was converted to 8 suites in 1976, with an additional suite subsequently added. This property has been owned by the same family for 30 years and shows pride of ownership with significant capital upgrades over recent years. Improvements include new decks, fire alarm system, rear staircase and exterior paint. There are seven 1 bedroom + 2 bachelor suites in this revenue property and each unit is separately metered for hydro, heat & hot water. The building also offers shared laundry, bike storage & storage lockers. Low maintenance 7,200 sq.ft. lot provides onsite parking for 7-8 vehicles.
Address 101 Ontario St
List Price $2,200,000
Sold Date 14/06/2021
Property Type Commercial Sale
Type of Dwelling Multi Family
Area Victoria
Sub-Area Vi James Bay
Lot Size 7200 Sq. Ft.
Year Built 1908
MLS® Number 870902
Listing Brokerage Pemberton Holmes - Cloverdale
Postal Code V8V 1M8
Tax Amount $8,952
Tax Year 2020
Features Baseboard, Carpet, Electric, Hardwood, Vinyl
Amenities Balcony/Deck, Balcony/Patio, Fencing: Partial, Low Maintenance Yard