$1,895,000 |
Jubilee
Victoria
for Sale at 1736 Haultain St Victoria
Explore 1736 Haultain St, a Desirable Jubilee
home for sale for $1,895,000!
This Jubilee
for sale in Victoria has been listed
on Real-Estate.ca for 0
days under MLS® #1033071.
This home is a 4,186 square foot Single Family
built in 1913 with 7
bedrooms and 3.00 bathrooms.
Parking is Stall. Explore the Victoria real estate market and available
Jubilee homes for sale!
Echoes of the Past, Looking to the Future. This Property proudly offers 7 bedrooms with 3 Accommodations, and a Country ambiance with City convenience. Huge 15,000 sq ft lot (100 x 150) GRD-1 Zoning. 1:6 promises a rich and varied future for the astute investor! Close to the RJH, Camosun, UVIC, and amenities. Walk score 99/100. A perfect holding property with excellent income. Please do not bother the Tenants. The Seller has spoken with the City of Victoria and understand that due to their large double-sized lot plus proximity to key transport corridors, the following could be developed: Development Options: A. 8-10 townhouses sited within the original lot; up to 3 stories each B. Existing house could be moved to one side, and a 2nd single family dwelling could be built on the open half lot with potential for subdivision. C. Subdivision of the lot into 2 normal sized lots, and development of new single family dwellings on each lot, with additional infill carriage units; D. Maintain the house as a cash-flow positive rental unit; keep as a holding property E. Other options, to be explored and determined by the buyer: BACKGROUND: The property is Zoned General Residential District 1 which allows for a diversity of building forms ranging from residential infill with a 1.6:1 floor square ratio and 14 m building height. This permits a wide range of options including houseplexes, house conversions, 3-story townhouses etc, without requiring rezoning. More intense development is also possible and would see an increase in options for floor square ratio and height. The house has character/historical value but is not on the Heritage register. It currently operates as a cash-flow positive ($9800/mo.) multi-family tenanted rental property with 6 off-street parking spaces. A Rare Opportunity indeed! (id:6289)
