1502-1508 Davie Street, Jubilee Victoria
Price
$2,050,000
BedroomsNot listed
BathroomsNot listed
Size3340 sqft
Year BuiltNot listed
Property TypeCommercial
Property Taxes$6,158.27
Description
Well-maintained revenue property on a coveted corner lot on the Oak Bay & Victoria border! Welcome to 1502-1508 Davie Street, an exceptionally rare opportunity in one of Greater Victoria's most vibrant commercial districts. The property consists of four spacious and updated two-bedroom suites. All four units feature windows on three sides, offering ample natural light and efficient layouts. Zoned CR-3 (Commercial Residential Apartment District), this property permits a wide range of uses, including residential, office, retail, and restaurant. Peace of mind is provided by recent updates, including perimeter drainage, the roof, and electrical updates. Whether you envision a dynamic mixed-use development or a solid investment, this is your chance to secure a presence along one of Greater Victoria's most beloved corridors. (id:39198)
Listed By
The listing brokerage and/or agent is Engel & Volkers Vancouver Island
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$7,878 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,640,000
Total Interest Payments
$1,011,160
Total Payment (Principal + Interest)
$2,651,160
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.