Quadraplex on North Park in better than new condition! True turn key property, extensively renovated & upgraded that would make an ideal extended family or shared investment. 4 great fully separate units (both sides of full side by side duplex each with an existing non-conforming suite) generating $9400/mo cash flow! 8 Beds, 4 Baths, 4 Kitchens, 4 sep laundry & 6 off street Parking stalls. Two fantastic 3 bedroom upper units & Two huge 1 bedroom/studio's down. Full scale renovation in 2019 (interior/exterior) top to bottom from a reputable builder to high standard; built & designed for low maintenance on the residential rental market. Please see info package for more detail as to what was completed. Further value add with the substantial development potential if property assembled with neighbours who are open. Unique zoning with North Park Commercial Residential District already in place allows for flexible business & residential uses including live/work maker-spaces & multi-family.
| Address |
1016 North Park St |
| List Price |
$2,125,000 |
| Property Type |
Residential |
| Type of Dwelling |
Full Duplex |
| Area |
Victoria |
| Sub-Area |
Vi Fernwood |
| Bedrooms |
8 |
| Bathrooms |
4 |
| Floor Area |
4,801 Sq. Ft. |
| Lot Size |
7000 Sq. Ft. |
| Year Built |
1948 |
| MLS® Number |
962467 |
| Listing Brokerage |
DFH Real Estate Ltd.
|
| Basement Area |
Full, Not Full Height, With Windows |
| Postal Code |
V8T 1C6 |
| Tax Amount |
$8,817 |
| Tax Year |
2023 |
| Features |
Basement Slab, Dining/Living Combo, Dishwasher, Electric, F/S/W/D, Forced Air, Hardwood, Heat Pump, Security System, Tile, Vinyl Frames |
| Amenities |
Fencing: Full, Ground Level Main Floor, Level, Rectangular Lot, Security System |
