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518 Sumas St
Vi Burnside Victoria V8T 4S3

$699,900
Residential beds: 3 baths: 1.0 1,174 sq. ft. built: 1913

Main Photo: 518 Sumas St in Victoria: Vi Burnside House for sale : MLS®# 886910
Photo 1: 518 Sumas St in Victoria: Vi Burnside House for sale : MLS®# 886910
Photo 2: 518 Sumas St in Victoria: Vi Burnside House for sale : MLS®# 886910
Photo 3: 518 Sumas St in Victoria: Vi Burnside House for sale : MLS®# 886910
Photo 4: 518 Sumas St in Victoria: Vi Burnside House for sale : MLS®# 886910
Photo 5: 518 Sumas St in Victoria: Vi Burnside House for sale : MLS®# 886910
Photo 6: 518 Sumas St in Victoria: Vi Burnside House for sale : MLS®# 886910
Photo 7: 518 Sumas St in Victoria: Vi Burnside House for sale : MLS®# 886910
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Photo 24: 518 Sumas St in Victoria: Vi Burnside House for sale : MLS®# 886910
Status:
Active
Prop. Type:
Residential
MLS® Num:
886910
Bedrooms:
3
Bathrooms:
1
Year Built:
1913
This home is right beside a park and minutes from town. Measuring just over 1200 sqft & sitting on a 50' x 110' lot. With a dedicated laneway and situated right beside Sumas park, making it a prime parcel for future development. Currently rented to incredibly reliable tenants, who have taken fantastic care of the home and would love to continue staying long term. The fully fenced yard has garden beds throughout with a massive patio in the back. This unobstructed space is sun soaked all day long and can easily accommodate 10 people, socially distanced. The great room has an open concept floor plan and is naturally bright from the southwest facing windows. The kitchen has stainless steel appliances and a 6 foot island that looks out to the living room. Downstairs there is 5’9" unfinished basement. Perfect for storage or workshop. This area is urban residential in the OCP, making this a prime holding property. Zoning of R1B can accommodate a laneway home or a multi-unit house conversion
Property Type:
Residential
Type:
Single Family Detached
Year built:
1913 (Age: 108)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,174 sq. ft.
Listing General Location:
Vi Burnside, Victoria
Bedrooms:
3
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
5,662.8 sq. ft.
Lot Details:
50 ft wide x 110 ft deep
Kitchens:
1
Home Style:
Character
Taxes:
Construction:
Frame Wood, Insulation: Ceiling, Stucco
New Construction:
No
Basement:
Full, Unfinished, Walk-Out Access, With Windows, Other
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Fibreglass Shingle
Levels:
4
Ceiling Heights:
Floor finish:
Carpet, Laminate, Tile
Total Building Area:
2,095 sq. ft.
Total Unfinished Area:
921 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
2
# Second Level Bedrooms:
1
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
921 sq. ft.
Living Area Main Floor:
960 sq. ft.
Living Area 2nd Floor:
214 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal, To Lot
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Warranty:
No
Pending Date:
Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
Dining/Living Combo, Eating Area, Storage
Blinds, Insulated Windows, Wood Frames
Balcony/Patio, Fencing: Full
Off Jutland Rd, between Burnside and Gorge
Main Level
0
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
Lower Level
Other
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
R1-B
Accessibility:
Primary Bedroom on Main
Bed and Breakfast:
None
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Utilities:
Cable Connected, Compost, Electricity Connected, Garbage, Phone Connected
Exposure / Faces:
West
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Cleared, Level, Rectangular Lot, Serviced
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, Other
Total Parking Spaces:
1
Total Units:
Date Listed:
Sep 22, 2021
Original Price:
699900.0
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Listed by NAI Commercial (Victoria) Inc.
Data was last updated October 22, 2021 at 06:05 PM (UTC)
Area Statistics
Listings on market:
467
Avg list price:
$795,000
Min list price:
$179,000
Max list price:
$9,299,900
Avg days on market:
44
Min days on market:
1
Max days on market:
1,248
Avg price per sq.ft.:
$736.99
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
ALICE KLUGE
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.