image

517 Toronto Street, James Bay Victoria

Price

$999,900

Bedrooms2 Beds

Bathrooms2 Baths

Size2670 sqft

Year Built1932

Property TypeDetached Home

Property Taxes$4,770.41

Description

Rare Opportunity: Two Character Homes in James Bay. This unique offering presents two charming character homes located in the heart of James Bay. These well-loved 1930s homes have been cherished by the same family for over 40 years. Situated steps to the highly desirable James Bay Village, they offer exceptional frontage and are zoned as R3-2 within the Multiple Dwelling District. 516 Simcoe Street features 3 bedrooms and 2 bathrooms, along with additional unfinished space on the lower level. The south-west facing lot spans 5098 sqft. 517 Toronto Street offers 2 bedrooms and 2 bathrooms, with additional space on the lower level. The lot size is 4146 sqft. Consider holding and renting these homes while exploring future redevelopment options. Buyers to verify all development plans, and the properties are being sold as-is, where-is. The combined offering of 516 Simcoe Street and 517 Toronto Street is priced at $1,999,800.00 and MUST BE PURCHASED TOGETHER. Contact your Realtor today. (id:39198)

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

$
$
%
$
$

Total Monthly Payment

$3,990 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$799,920

Total Interest Payments

$493,200

Total Payment (Principal + Interest)

$1,293,120

Cashflow Calculator

$
$
$
$
$
$

Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

Your monthly cash flow is positive

mockup

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

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home