1 Bed Condo Apartment in Victoria

$430,000

502 - 613 Herald St
MLS® NO: 413323

Description

This short-term vacation rental has been 90% booked since brand new and is almost 100% booked for the summer with $6400 net bookings in August. This unit is projected to average $3000/month gross for the year. Enjoy modern downtown living in this unique 1-bed suite in the 2018-built Cityzen building, strategically located in the heart of China Town. The bright, open-concept floorplan is complimented by stainless steel appliances, laminate floors, and designer finishes throughout. Remote access and flexible short-term property management are available. Strata is professionally managed and most owners in the building are like-minded investors. This unit comes w/ secure bike storage, a large storage locker, and a MODO car share membership. One of the last buildings that allow legal short term rentals in the city! Pet-friendly, BBQ’s allowed. Walk score 99/100 & bike score 98/100! GST applicable - suite has been used solely as a business. Furniture negotiable!

General

Property Type:Condo Apartment
Title of Ownership:TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V, Lot 617.
Layout:Condo: One Level
Number of Floors:6
Taxes:$0
Tax Year:2018
Finished Sq. Ft.:520
Unfinished Sq. Ft.:42
Year Built:2018
Elementary School:61 George Jay
Junior School:61 Central
Senior School:61 Vic High

Display Full Description

Interior Details

Bedroom(s): 1
Bathroom(s): 1
Interior Features: Flrs/Laminate

Building Details

Foundation: Concrete Poured
Exterior Finish: Brick Facing, Concrete Block, Metal, Stucco
Roof: Torch-on
Heat/Air: Baseboard
Fuel: Electric

Site Influences

Lot SqFt: 436
Acres: 0.01
Lot Shape: Rect.
Water: City/Munic.
Waste: Sewer
Zoning: Multi-Family
Parking: Underground - Secure

Strata Lot Information

Complex: CityZen
Strata Fee: $210
Strata Fee Incl: Bldg Insurance, Bldg Maintenance, Garbage p/u, Management and Water
Common Features: Sewer and Water
Rental Restrictions: Unrestricted
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats, Dogs
Pet Notes: 2 Pets, no size restrictions

Room Dimensions

Level 1 - 520 sqft

Living:14x12
Dining:7x8
Kitchen:5x13
Mast Bdrm:8x10
Bathroom:3 piece

Property Details

Beds: 1
Baths: 1
Sq. Feet: 520
Year Built: 2018
Property Type: Condo Apartment
Municipality: Victoria

Book a Tour

Book a Tour

All fields marked with * are required.


Request More Info

Request More Info

All fields marked with * are required.


Tell a Friend

Tell a Friend

All fields are required.


Mortgage Calculator

This is only a guide. Please verify this information with your mortgage specialist.


Back To Listings

Listed with:

Reiner Theil - NAI Commercial (Victoria) Inc.
Fax: (250) 381-7803

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.