Jim Bailey

Office: 250-592-4422 |

My Office Listings

547 E Burnside Rd
Vi Burnside Victoria V8T 2X7

$1,295,000
Residential beds: 8 baths: 5.0 4,546 sq. ft. built: 1947

Main Photo: 547 E Burnside Rd in Victoria: Vi Burnside Quadruplex for sale : MLS®# 843327
Photo 1: 547 E Burnside Rd in Victoria: Vi Burnside Quadruplex for sale : MLS®# 843327
Photo 2: 547 E Burnside Rd in Victoria: Vi Burnside Quadruplex for sale : MLS®# 843327
Photo 3: 547 E Burnside Rd in Victoria: Vi Burnside Quadruplex for sale : MLS®# 843327
Photo 4: 547 E Burnside Rd in Victoria: Vi Burnside Quadruplex for sale : MLS®# 843327
Photo 5: 547 E Burnside Rd in Victoria: Vi Burnside Quadruplex for sale : MLS®# 843327
Photo 6: 547 E Burnside Rd in Victoria: Vi Burnside Quadruplex for sale : MLS®# 843327
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Status:
Active
Prop. Type:
Residential
MLS® Num:
843327
Bedrooms:
8
Bathrooms:
5
Year Built:
1947
Investor Alert! Excellent Revenue Property with gross rents ~$6300/month. This well looked after, updated, non conforming character home consists of 4 suites and a garage. There's also excess room on the lower level (another unit?). Parking is normally a real issue with these types of properties - but not so here - rear lane access provides easy off street parking for 5 cars! This property is pergect for an investor looking for a turnkey property to take advantage of low interest rates, or for someone who is handy and can increase gross revenue through improvements. Many recent updates to the home include tankless hot water, flooring, and more. Gross annual income of ~$75,600 and room for growth! Investment properties like this do not come along often, so act fast before it's gone.
Property Type:
Residential
Type:
Quadruplex
Year built:
1947 (Age: 73)
Living Area:
4,546 sq. ft.
Auxiliary Building Living Area:
0 sq. ft.
Main Building Living Area:
4,314 sq. ft.
Listing General Location:
Vi Burnside, Victoria
Bathrooms:
5.0 (Full:-/Half:-)
Bedrooms:
8
Lot Size:
0.13 acre(s)
Lot Details:
50 ft wide x 110 ft deep
Kitchens:
4
Home Style:
Colonial
Construction:
Frame Wood, Stucco, Wood
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Total Building Area:
4,778 sq. ft.
Total Unfinished Area:
232 sq. ft.
# Bedrooms or Dens Total:
9
Living Area Main Floor:
920 sq. ft.
Living Area Other Floor:
1,063 sq. ft.
Living Area 2nd Floor:
768 sq. ft.
Living Area 3rd Floor:
1,435 sq. ft.
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Municipal
Sewer:
Sewer To Lot
Heating:
Baseboard, Electric
Fireplace:
No
Main Level
0
Aquariums, Birds, Cats OK, Caged Mammals, Dogs OK
Yes
No
Unrestricted
Jurisdiction name:
City of Victoria
Number of 3 piece baths:
1
Number of 4 piece baths:
4
Property Condition:
Resale
Exposure / Faces:
East
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Cleared, Rectangular Lot
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
1
Garage:
Yes
Parking Features:
Attached, Driveway, Garage
Total Parking Spaces:
5
Common Parking Spaces:
0
Date Listed:
Jun 29, 2020
Original Price:
1350000.0
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Larger map options:
Listed by Colevin Crause and Cheri Crause of Royal LePage Coast Capital - Oak Bay
Data was last updated August 11, 2020 at 04:05 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$465,000
Min list price:
$298,900
Max list price:
$1,600,000
Avg days on market:
48
Min days on market:
1
Max days on market:
180
Avg price per sq.ft.:
$434.44
These statistics are generated based on the current listing's property type and located in Vi Burnside. Average values are derived using median calculations.
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate.