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Welcome to this exceptional West Fairfield investment opportunity (Marlborough House contains 9 authorized residential suites). It is situated at the corner of Marlborough St. and Woodstock Ave. on two lots totaling 13,477 square feet. The location offers an unparalleled blend of urban convenience and natural beauty, minutes from downtown Victoria and steps from Victoria’s famous Beacon Hill Park and the spectacular Dallas Road waterfront. The property has been owned since the 70’s by an out-of-province family who now have other interests. Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. See the financials in supplements or call to receive the financials. (id:24212)
Full Address:
51 Marlborough Street, Victoria, British Columbia
Price:
$ 2,745,000
MLS Number:
992285
List Date:
March 17th, 2025
Neighbourhood:
Fairfield West
Building Size:
5800 sq.ft.
Lot Size:
13427 ac
Year Built:
1912
Taxes:
$ 14,265
Ownership Type:
Freehold

Property Specifications

Air Conditioning:
None
Heating:
Forced air, Natural gas, Hot Water

Interior Features

Building Size:
5800 sq.ft.
Zoning:
Unknown
Garage Spaces:
4

Building Features

Floors

Lot Size:
13427 ac
Lot Features:
Central location, Level lot, Corner Site, Other

Land

Neighbourhood Features

Ratings

Commercial Info

Number of Units:
9

Location

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Neighbourhood Details

Agent: Andre BeauregardBrokerage: NAI Commercial (Victoria) Inc.

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