C Douglas King, PREC*, Victoria, BC

P: 250-384-8124



936 Queens Ave
MLS® NO: 947294


Completely Renovated and Vacant! 7-suite character conversion facing south onto Central Park behind Crystal Pool. R-2 Family/Duplex zone, this property comprises: 3 legal One bedroom/studio suites on the ground floor; 2 main-level 2 bedroom suites - each with front entrance and backyard entrance; 2 upper floor suites, each with 2 bedrooms and a den. All suites have in-suite laundry, brand new appliances and separate BC Hydro meter. Separate secure bike storage in the backyard. Gardening space for each suite. Move-in ready, with occupancy certificate expected in mid-November 2023, start leasing December 1st. Potential Stabilized Effective Gross Income (EGI) of over $18,000 per month, not incl flat-rate Utility Fee. CMHC 5-year historical vacancy rate 1.3%. Building plans in supplements. Showings to be coordinated during business hours (9 am to 5 pm). All measurements to be verified. Property Taxes $7,389 in 2023. This one will earn well in any portfolio - long into the future!


Property Type:Multi Family
Title of Ownership:Lot 21, Block C, Plan VIP957, Section 3, Victoria Land District
Tax Year:2023
Year Built:1914

Site Influences

Lot SqFt: 6,400
Acres: 0.15
Water: Municipal
Waste: Sewer Connected

Property Details

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Listed with:

Stephen Calderwood
RE/MAX Camosun
Phone: 778-584-5180

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.