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Renanza Realty
For sale

1636/1662 Kings Rd

Victoria, British Columbia

MLS® 1050258

$1,950,000

Status
Active
Property type
House
MLS® number
1050258
Bedrooms
4
Bathrooms
2
Year built
1949

Listing 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
1050258
Property type
Single Family
Building type
House
Square footage
1,605 sq ft
Title
Freehold
Land size
10304 square feet
Built in
1949
Annual property taxes
$8,487.00
Parking
4 spaces
Days on market
0 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
None
Lot features
Central location, Level lot, Other, Rectangular
Architectural style
Cottage, Cabin

What would this home cost you?

Based on the $1,950,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,073 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.