Office Listings
525 Sumas St
Victoria
V8T 4S4
$519,900
Residential
beds: 0
baths: 0.0
1,831 sq. ft.
built: 1915
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 946566
- Year Built:
- 1915
- Photos (26)
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MAJOR PROJECT - DEMO!! With the scarcity of vacant land in Greater Victoria this opportunity offers buyers, builders, developers or investors the opportunity to rezone & build a stand alone multi unit building, City of Victoria prefers higher density of townhouses/mid rise apartment-condos (with adjoining lots) to maximize housing as per the BC Gov't new housing initiatives to maximize housing options, current R1-B Zoning allows a SFD with a suite or garden suite. Excellently located directly across from Sumas Play Park & on major bus & cycling routes, walking distant to major shopping centres & Gorge Waterway, close to Saanich City Centre Dev. Corridor Hub & only minutes to downtown Victoria. Major house fire in 2022, house beyond repair & is boarded up to restrict public access for safety & liability concerns please respect this! Priced below 2023 land assessed value of $549,000 & below a new land sale of $565,000 on the street. Owner desiring a quick closing. "Sold as is where is."
- Property Type:
- Residential
- Type:
- Single Family Detached
- Year built:
- 1915 (Age: 108)
- Living Area:
- 1,831 sq. ft.
- Listing General Location:
- Vi Burnside, Victoria
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 4,160.029 sq. ft.
- Lot Details:
- 50 x 83.2
- Kitchens:
- 0
- Home Style:
- Character
- Taxes:
- $2,880.12 / 2023
- Building Features:
- See Remarks
- Construction:
- Frame Wood, See Remarks
- Basement:
- None
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Asphalt Shingle
- Other Structures:
- Storage Shed
- Total Building Area:
- 1,831 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 212 sq. ft.
- Living Area Main Floor:
- 1,214 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 405 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Other
- Laundry Features:
- None
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Other
- Fireplace:
- Yes
- See Remarks
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 12' × 12'
- Assessed:
- 651000.0
- Assessment year:
- 2023
- Jurisdiction name:
- City of Victoria
- Legal Description:
- LOT 7, BLOCK 2, PLAN VIP1134, SECTION 4, VICTORIA LAND DISTRICT
- Zoning:
- R1-B
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Vacant
- Property Condition:
- Land Value Only
- Utilities:
- Cable Available, Compost, Electricity Available, Garbage, Phone Available, Recycling
- Exposure / Faces:
- North
- Layout:
- Other
- Lot Site Features:
- Central Location, Curb & Gutter, Easy Access, Level, Rectangular Lot, Serviced, Sidewalk, See Remarks
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway
- Total Parking Spaces:
- 2
- Road Surface Type:
- Paved
- Date Listed:
- Oct 19, 2023
- Original Price:
- 519900.0
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Before Fire
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Data was last updated November 30, 2023 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 27
- Avg list price:
- $649,900
- Min list price:
- $365,000
- Max list price:
- $1,850,000
- Avg days on market:
- 48
- Min days on market:
- 1
- Max days on market:
- 611
- Avg price per sq.ft.:
- $647.86
These statistics are generated based on the current listing's property type
and located in
Vi Burnside. Average values are
derived using median calculations.
- Darren Leith
- Remax Camosun
- 250-818-9606
- Contact by Email
