With a location that is quintessential Victoria, this property offers an affordable alternative to the housing market. This is a leasehold building (ask about 20% down financing for qualified buyers) with 49 years left on the current lease. This top floor suite offers lovely vistas looking east over the Fairfield neighborhood, but it will need an enterprising purchaser who can see the potential. A recent comparably sized suite on the top floor in the building sold for $320,000, so there is room to build some instant equity if you are willing to make some improvements. There is a terrific sense of community within Villa Royale with an onsite caretaker, whirlpool, sauna, roof top amenity room with a billiard table, social lounge, and deck. With Beacon Hill Park, the Cook Street village for shopping and the Dallas Road waterfront trails at your doorstep you cannot go wrong with the location. Easy street parking, and if you want a spot at the back of the building there is a short waitlist and a monthly charge. The monthly fee at Villa Royale includes heat, hot water and taxes so makes this an affordable style of home ownership. (id:47423)
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Detailed Information
Bedrooms
1
Bathrooms
1
Community Features
Pets not Allowed, Family Oriented
Features
Other
Lease Time
Monthly
Listing Contract Date
2024-09-18
Maintenance Fee Payment Frequency
Monthly
Municipal ID
004-160-134
Ownership Type
Leasehold
Plan
VIP22625
Property Type
Single Family
Transaction Type
For sale
Zoning
Multi-Family
Building
Constructed Date
1973
Cooling Type
None
Heating Fuel
Natural gas
Heating Type
Baseboard heaters, Hot Water
Total Finished Area
642 sqft
Type
Apartment
Rooms
Room
Level
Dimensions
Notes
Balcony
Main level
21'1 x 5'0
Bathroom
Main level
4-Piece
Primary Bedroom
Main level
10'4 x 11'9
Living room
Main level
12'0 x 17'8
Dining room
Main level
7'4 x 7'6
Kitchen
Main level
6'2 x 7'1
Entrance
Main level
4'0 x 5'4
Land
Total Size
756 square feet
Size of Irregular Land
756
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