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  5. Mary

213 Mary Street, Victoria West Victoria

Price

$950,000

Bedrooms2 Beds

Bathrooms2 Baths

Size1465 sqft

Year Built1987

Property TypeCondo/Townhouse

Property Taxes$6,211.07

Maintenance FeesNot listed

Description

Located next to Spinnakers Pub along the scenic Songhees Walkway, this strata duplex has long served as a guest house and is now ready for new opportunities. The upper suite, 213 Mary Street, is a spacious one-bedroom featuring vaulted ceilings, skylights, and ocean views. A second bed-sitting room with its own bath and coffee bar may also be used as a rental, subject to city bylaws. The owner must occupy one suite but may rent out additional rooms with bathrooms on a short-term basis. Both the upper and lower suites offer flexibility under RJ-4 Mary (Transient Home) zoning. Each unit includes driveway parking and two hot water tanks, and the roof was replaced in 2017. With both units currently owned by one party, no strata council is in place. This versatile property sits in a prime waterfront location just a 15-minute walk from the Inner Harbour and Empress Hotel—an exceptional opportunity to live or invest in a vibrant, amenity-rich neighbourhood. (id:39198)

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Listed By

The listing brokerage and/or agent is Macdonald Realty Victoria

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,931 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$760,000

Total Interest Payments

$468,587

Total Payment (Principal + Interest)

$1,228,587


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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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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.

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions