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304 562 Yates St
Vi Downtown Victoria V8W 1K8

$669,000
Residential beds: 0 baths: 1.0 577 sq. ft. built: 2011

Main Photo: 304 562 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 921281
Photo 1: 304 562 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 921281
Photo 2: 304 562 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 921281
Photo 3: 304 562 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 921281
Photo 4: 304 562 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 921281
Photo 5: 304 562 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 921281
Photo 6: 304 562 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 921281
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Status:
Active
Prop. Type:
Residential
MLS® Num:
921281
Bathrooms:
1
Year Built:
2011
Zoned for Short Term Rentals. This is a turn-key fabulous long term investment. Stunning penthouse-level corner studio in the acclaimed Oriental building! Originally constructed in the late 1880s, this sought-after conversion combines character, location and revenue opportunity. Among the largest studios in the building, Unit 304 offers an excellent floorplan and features 12’ 8” double-height ceilings, bright SW exposure, six oversized windows, exposed brick walls, full kitchen w/ upgraded countertops & appliances, 4-pce bath, loft space, and in-suite laundry. Flexible zoning allows for all rentals, including short-term. Amenities include bike room and dedicated storage, charming courtyard, and common rooftop patio with BBQ. Pets and children are welcome. The city parkade directly across the street offers daily parking at reasonable rates. Enjoy as an investment or as your own pied-a-terre in the heart of Victoria’s vibrant downtown!
Property Type:
Residential
Type:
Condo Apartment
Year built:
2011 (Age: 12)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
577 sq. ft.
Main Building Living Area:
577 sq. ft.
Listing General Location:
Vi Downtown, Victoria
Bedrooms:
0
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
577.004 sq. ft.
Kitchens:
1
Home Style:
Character, Heritage
Taxes:
Building Name:
The Oriental
Building Type:
Top Level
Building Features:
Bike Storage, Transit Nearby
Construction:
Brick, Frame Metal, Insulation All, See Remarks
New Construction:
No
Foundation:
Concrete Perimeter, Stone
Electricity:
Yes
Roof:
Asphalt Rolled
Levels:
1
Number of Storeys:
3
Number of Buildings:
1
Ceiling Heights:
Floor finish:
Concrete, Hardwood
Total Building Area:
577 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# 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:
0 sq. ft.
Living Area Main Floor:
522 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
55 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected, Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Warranty:
Yes
Pending Date:
Dishwasher, Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer
Bay Window(s), Blinds, Window Coverings, Wood Frames
Balcony/Patio
Bike Storage, Common Area, Elevator(s), Roof Deck, Shared BBQ
Separate Storage
Main Level
0
Aquariums, Birds, Cats OK, Dogs OK
See Bylaws - 1 Dog (Under 20 kg) or 2 Cats
Yes
see bylaws
Unknown
see bylaws
Unrestricted
Short term rentals permitted.
Floor
Type
Size
Other
Main Floor
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:
Association Fee Includes:
Trash, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Sewer, Water
Association Fee Year:
2023
Jurisdiction name:
City of Victoria
Legal Description:
Accessibility:
Accessible Entrance, No Step Entrance, Primary Bedroom on Main
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
Occupancy:
Partially Occupied
Property Condition:
Resale
Utilities:
Cable Connected, Electricity Connected, Garbage
Exposure / Faces:
South
Layout:
Condo
Lot Site Features:
Rectangular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Street
Total Parking Spaces:
0
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Total Units:
Date Listed:
Jan 11, 2023
Original Price:
669000.0
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Virtual Tour 2

Listed by Coldwell Banker Oceanside Real Estate
Data was last updated April 1, 2023 at 12:05 PM (UTC)
Area Statistics
Listings on market:
160
Avg list price:
$599,444
Min list price:
$35,000
Max list price:
$9,299,900
Avg days on market:
46
Min days on market:
1
Max days on market:
500
Avg price per sq.ft.:
$917.16
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations.
The Preferred Homes Team
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.