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Angie Hill Real Estate

8 Bed Quadruplex in Victoria

$1,950,000

1502-1508 Davie St
MLS® NO: 1014146

Description

Well-maintained revenue property on a coveted corner lot on the Oak Bay & Victoria border! Welcome to 1502-1508 Davie Street, an exceptionally rare opportunity in one of Greater Victoria's most vibrant commercial districts. The property consists of four spacious and updated two-bedroom suites. All four units feature windows on three sides, offering ample natural light and efficient layouts. Zoned CR-3 (Commercial Residential Apartment District), this property permits a wide range of uses, including residential, office, retail, and restaurant. Peace of mind is provided by recent updates, including perimeter drainage, the roof, and electrical updates. Whether you envision a dynamic mixed-use development or a solid investment, this is your chance to secure a presence along one of Greater Victoria's most beloved corridors.

General

Property Type:Quadruplex
Title of Ownership:LOT L, PLAN VIP1238, SECTION 76, VICTORIA LAND DISTRICT
Layout:Duplex Side/Side
Taxes:$7,491
Tax Year:2025
Finished Sq. Ft.:3,340
Year Built:1953

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Interior Details

Bedroom(s): 8
Bathroom(s): 4
Basement Type: Crawl Space
Interior Features: Closet Organizer, Dining/Living Combo
Appliances Included: F/S/W/D

Building Details

Foundation: Poured Concrete
Roof: Asphalt Shingle
Heat/Air: Baseboard

Site Influences

Lot SqFt: 4,725
Acres: 0.10
Water: To Lot
Waste: Sewer To Lot
Zoning: CR-3
Parking: Carport Triple, On Street
Lot Features: Central Location, Corner, Recreation Nearby, Rectangular Lot, Shopping Nearby

Strata Lot Information

Rental Restrictions: Unrestricted

Room Dimensions

Main Level

Bathroom4-Piece
Bathroom4-Piece
Bedroom14x12
Bedroom11x9
Bedroom12x14
Bedroom10x11
Dining/Living Combo15x16
Dining/Living Combo16x15
Kitchen11x8
Kitchen8x11

Second Level

Bathroom4-Piece
Bathroom4-Piece
Bedroom14x12
Bedroom11x9
Bedroom12x14
Bedroom10x11
Dining/Living Combo15x16
Dining/Living Combo16x15
Kitchen11x8
Kitchen8x11

Unfinished

Carport24x20
Laundry10x7

Property Details

Beds: 8
Baths: 4
Sq. Feet: 3,340
Year Built: 1953
Property Type: Quadruplex
Municipality: Victoria

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

Alex Carroll
Engel & Volkers Vancouver Island

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.