Welcome to this exceptional West Fairfield investment opportunity (Marlborough House contains 9 authorized residential suites). It is situated at the corner of Marlborough St. and Woodstock Ave. on two lots totaling 13,477 square feet. The location offers an unparalleled blend of urban convenience and natural beauty, minutes from downtown Victoria and steps from Victoria’s famous Beacon Hill Park and the spectacular Dallas Road waterfront. The property has been owned since the 70’s by an out-of-province family who now have other interests. Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. See the financials in supplements or call to receive the financials. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Features
Central location, Level lot, Corner Site, Other
Listing Contract Date
2025-03-17
Municipal ID
008-135-169
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Multi-family
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1912
Cooling Type
None
Fire Protection
Fire alarm system
Heating Fuel
Natural gas
Heating Type
Forced air, Hot Water
Size (Exterior)
5800 square feet
Type
Multi-Family
Land
Total Size
13427 square feet
Access Type
Road access
Size of Irregular Land
13427
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