438,440&442 Montreal St

Triplex For Sale in Vi James Bay, Victoria

$1,595,000
  • 7 Beds
  • 4 Baths
  • 4,195 Sq. Ft.
  • Built 1903

A rare chance to acquire a large corner property in desirable James Bay with three legal townhomes in two residences on a single title. Zoned RK (Medium Density Attached Dwelling District), 442 Montreal St. is the original 1903 home while 438-440 Montreal St. was purpose built in 1981 as a rental unit with two town homes. Subdivide into two single family properties? (correspondence with city available) Renovate for greater density with a third floor on 438-440? (see RK zoning provisions), or redevelop completely? There is no heritage designation on the property. James Bay is unequalled on the Island for services, amenities and recreational opportunities all within easy, level walking distance plus a quiet, friendly neighbourhood ambience. Raise your family in the catchment for acclaimed South Park School, walk to work downtown, or retire with numerous recreational amenities at your doorstep. Keep your boat at Fisherman's Wharf, or the Coast Hotel & Marina just across Kingston St., or launch at the James Bay Anglers nearby. Victoria's favourite walking paths along the Dallas Road are minutes away. Para-sail, wind-surf, or just sit on the beach. Shopping and services are a few blocks away in James Bay village. Pubs, restaurants and cafes - even the new James Bay Urgent and Primary Care Centre - are just a short walk away. All this and fresh sea air! Please note 438 Montreal St. is vacant due a fire in an upper floor bedroom; can be viewed on short notice. 440 Montreal (rear unit) still tenanted. The Sellers are open to discussions with the Buyer on renovation/remediation options.
Address 438,440&442 Montreal St
List Price $1,595,000
Property Type Residential
Type of Dwelling Triplex
Area Victoria
Sub-Area Vi James Bay
Bedrooms 7
Bathrooms 4
Floor Area 4,195 Sq. Ft.
Lot Size 7058 Sq. Ft.
Year Built 1903
MLS® Number 887585
Listing Brokerage Pemberton Holmes - Cloverdale
Basement Area Crawl Space, Not Full Height
Postal Code V8V 1Z7
Tax Amount $6,589.00
Tax Year 2021
Features Aluminum Frames, Baseboard, Dining Room, Dining/Living Combo, Eating Area, Forced Air, French Doors, Garden Window(s), Hardwood, Linoleum, Mixed, Natural Gas, Skylight(s), Stained/Leaded Glass, Storage, Tile, Wood Frames
Amenities Central Location, Corner Lot, Cul-De-Sac, Easy Access, Family-Oriented Neighbourhood, Fencing: Full, Garden, Irregular Lot, Level, Marina Nearby, No Through Road, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Storage Shed

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Troy Petersen
Personal Real Estate Corporation

Sutton Group West Coast Realty

103 4400 Chatterton Way Victoria British Columbia V8X 5J2

Mobile: (250) 858-1134

Office: (250) 479-3333

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