Esquimalt BC, V9A 6N8
Property Information:
Legal 4-Plex in a prime, central location in the heart of Esquimalt. This Property has several options for use and future upside. The Property has been successfully rezoned to allow for a 17-unit multifamily development, and in the meantime can produce revenue while holding. Or if you're looking for a multi-generation accomodation, this would be perfect, with four two bedroom one bath suites on two levels. Each suite has an individual outside entrance door with easy access in and out of the suites. Great opportunity for investors as a strategic holding property with an eye for future development with the zoning already in place, or use the rents from 3-units to pay your mortgage as you live in one unit! The location is incredible for a discerning Buyer, being close to Greater Victoria's 3rd largest employer: CFB Esquimalt, and just a few blocks from the new Esquimalt Town Square and Village Project with ample ammenities.
Property Features:
- Bedrooms: 8
- Bathrooms: 4
- Annual Tax Amount: $10,311
- Basement: None
- Built in: 1969
- Construction Materials: Stucco
- Cooling: None
- Floor Space (approx): 3299 Square Feet
- Foundation Details: Concrete Perimeter
- Heating: Baseboard, Electric
- Laundry Features: Common Area
- Lot Features: Level, Rectangular Lot
- Lot Frontage: 7380 Square Feet
- Lot Size: 7380.00 Square Feet
- Ownership: Freehold
- Parking Features: Carport Quad+, Detached
- Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- Property Condition: Resale
- Property Sub Type: Quadruplex
- Roof: Asphalt Shingle
- Water Source: Municipal
- Zoning: CD No. 169
- Zoning Description: Multi-Family
- Sewer: Sewer To Lot
- No. of Parking Spaces: 5
Rooms:
- Living Main Level 3.66 m x 4.88 m 12 ft x 16 ft
- Kitchen Main Level 2.44 m x 4.88 m 8 ft x 16 ft
- Bedroom Main Level 3.05 m x 3.66 m 10 ft x 12 ft
- Bathroom Main Level
- Bedroom Main Level 3.05 m x 3.05 m 10 ft x 10 ft
- Living Main Level 3.66 m x 4.88 m 12 ft x 16 ft
- Kitchen Main Level 2.44 m x 4.88 m 8 ft x 16 ft
- Bedroom Main Level 3.05 m x 3.66 m 10 ft x 12 ft
- Bathroom Main Level
- Bedroom Main Level 3.05 m x 3.05 m 10 ft x 10 ft
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
⚠ Potential Investment Performance
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Market Price Trends
Location of 621 Constance Ave, Esquimalt, BC, V9A 6N8
Demographic Information of 621 Constance Ave, Esquimalt, BC, V9A 6N8
Life Stage
Young CouplesEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$112,714.23Average Number of Children
1.48Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
14.15 %High school certificate or equivalent
32.28 %Apprenticeship trade certificate/diploma
6.96 %College/non-university certificate
22.1 %University certificate (below bachelor)
0.08 %University Degree
24.43 %Commuter
Travel To Work
By Car
62.53 %By Public Transit
14.6 %By Walking
15.8 %By Bicycle
4.44 %By Other Methods
2.63 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
68.48 %Houses
31.52 %