1636/1662 Kings Rd
Victoria, British Columbia
MLS® 1051315
$1,950,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 1051315
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 12Listing description
This two-lot land assembly has special characteristics, making it an unusually interesting option in today's market. With over 82 feet of frontage, proximity to transit and amenities and current zoning, this site lends well to a rental apartment, small condominium, townhouses, or any other multi-family use. Both properties have the same owner, making outcomes secure and easy to navigate.
The owner is willing to cooperate to make a smooth streamlined process, to mitigate carrying costs, and is able to cooperate on closing dates, and conditional periods. The adjacent property owners may be interested in joining a sale or redevelopment, opening possibilities for more zoning improvements, density bonuses and parking relaxations for all of the lots. Ask for relevant details about the site created by Design Zone, showing real numbers based on Surveys of the two lots, current zoning, and realistic expectations for parking and buildable area.
Asking $1,950,000 total for the two combined lots.
Property summary
- MLS® number
- 1051315
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Land size
- 10304 square feet
- Annual property taxes
- $8,487.00
- Parking
- 4 spaces
- Days on market
- 9 days
Features & details
- Lot features
- Central location, Curb & gutter, Level lot, Southern exposure, Other
What would this home cost you?
Based on the $1,950,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Team 3000 Realty Ltd, Victoria.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.