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Troy Petersen
Troy Petersen
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Offered by:
Sutton Group - West Coast Realty

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1124 Fairfield Rd
Victoria, BC V8V 3A7
MLS# 875690 ID: 70762441
$2,899,000
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Property Description
Dogwood Manor Hideaway - a sought-after bright character 9-suite, 4-floors Dogwood Manor Hideaway - a sought-after bright character 9-suite, 4-floor with over 5,200 sq ft investment in the heart of Fairfield Cook Street Village just steps to Dallas Road Waterfront. The property where tenants love to live & people stop to enjoy the beautifully landscaped corner lot with veranda in classic Fairfield charm. Built in 1910 this grand home was converted, retaining the character to multi-family in 1977. There is a large Penthouse 1-bedroom plus den with a huge 645 sq ft ocean view deck & private elevator. Additionally 6 one-bedroom & 2 studios all with balconies, some with fireplaces. Well maintained with many recent renovations, flooring & kitchen upgrades. Featuring parking, coin-laundry, electrical meter for each suite, bike storage. Unique zoning allows for rentals or you can increase the revenue with a Bed and Breakfast or AirBnB. Gross current long-term rental income $147,000 annually with lovely tenants makes for low care passive income property.
Property Features
Status
Days On Market 114 days
Last Updated August 27, 2021
Market Status Available
Description
Property Type Investment
Approx. Lot Size 6270 Sq. Ft.
Exterior Features
Parking
Porch/Deck balconies
Interior Features
Fireplace
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