SOLD 12/19
1850 Oak Bay Ave | $1,680,000
Ray Murray Agent Photo
Ray
Murray
C. (250) 686-3789
P. (250) 590-8124
Phone Ray www.raymurray.ca
Pemberton Holmes - Oak Bay
2000 Oak Bay Ave
Victoria, BC
Canada V8R 1E4
SOLD 12/19

Details

%
Years (35 year max)
Years



Address 1850 Oak Bay Ave
AreaVictoria
Sub AreaJubilee
State/ProvinceBritish Columbia
CountryCanada
Price$1,680,000
SoldDecember 2019
Property TypeBusiness and Leasehold
Floor Space3810 Square Feet
Lot Size0.13 Acres
Taxes $6,572
Tax Year2019
MLS® #416253

Rare commercial/residential property fronting Oak Bay Ave . The building has undergone renovations and upgrades and is in excellent condition . Ground floor commercial space is currently leased on a month to month lease.Main suite is a large two bedroom, two bathroom and is currently vacant. Top floor is a smaller two bedroom one bath suite and is currently vacant.Potential return on the whole building at market rent would be 3.9% on asking price. There may also be potential for development to a fourth floor multi family building. This would be an excellent holding property showing good returns with potential for further development .


Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.

Location

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Data Source: Statistics Canada

About

A Little Bit about Me

If you have spoken to me already, you will probably have guessed that I am an Australian.

Although I first visited and fell in love with Victoria some 35 years ago, it was not until I married my wife, Linda, in 2012 that I got to move here.

Linda has lived here all her life and it was an easy decision for us to choose Victoria as a home for us and our two children.

Like so many others before me, I have found that Victoria is one of the most beautiful citifies, not only in Canada, but indeed the world.

My Experience

I have worked in the real estate industry for almost two decades, both as a real estate agent and as the owner of my own brokerage.

I have had experience in all aspects of selling, both residential and commercial property as well as land developments and subdivisions.

I have a sales record that has regularly placed me in the top percentage of agents and consider this experience to be the most valuable asset I can use to assist you.


When it matter, experience counts!