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732 Cormorant St , #405

Victoria, BC V8W 4A5
  • $1,099,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 904118
UPDATED: 56 min ago
$1,099,000
  • 2
    BEDS
  • 0.03
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,273
    SQFT
  • $863
    $/SQFT
Neighbourhood:
Type:
Condo
Built:
2005
Area:

Description

Welcome to Corazon Oasis! A 5 star, legally operating, vacation rental condo in the heart of downtown Victoria. Featuring a spacious master bedroom with sitting area, walk-in closet and full 5 piece ensuite, open concept living, kitchen and dining, a large den that has been converted into a third bedroom and a 20ft balcony with city views. This condo comes fully furnished and turn key with $50,000 in bookings over the next 4 months! Nightly rates vary form $700/n in the high season to $300/n in the low season. This investment condo blows away cap rates of other real estate investments in this price range, and will generate you passive income for years to come. 1 underground parking spot and storage locker included. Offered at $1,099,000 + GST.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Day Team Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-06-24T18:22:33.673.
www.dayteam.com/homes/129085893
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732 Cormorant St , #405 Victoria, BC V8W 4A5

  • Price: $1,099,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 56 min ago
  • MLS #: 904118
2
Beds
2
Baths
0
½ Baths
0.03
Acres
1,273
SQFT
$863
$/SQFT
2005
Built
Neighbourhood:
Vi Downtown
Area:
Victoria
School District:
Capital Regional District
Property Description
Welcome to Corazon Oasis! A 5 star, legally operating, vacation rental condo in the heart of downtown Victoria. Featuring a spacious master bedroom with sitting area, walk-in closet and full 5 piece ensuite, open concept living, kitchen and dining, a large den that has been converted into a third bedroom and a 20ft balcony with city views. This condo comes fully furnished and turn key with $50,000 in bookings over the next 4 months! Nightly rates vary form $700/n in the high season to $300/n in the low season. This investment condo blows away cap rates of other real estate investments in this price range, and will generate you passive income for years to come. 1 underground parking spot and storage locker included. Offered at $1,099,000 + GST.
Exterior Features

Architectural Style West Coast Attached Garage YN Yes Carport Spaces 0 Carport YN No Construction Materials BrickSteel And Concrete Entry Location Main Level Exterior Features Balcony/Patio Garage YN No Levels 1 Lot Features Rectangular Lot Parking Features AttachedGuestUnderground Parking Total 1 Roof Tar/Gravel View City View YN Yes Waterfront YN No

Interior Features

Accessibility Features Primary Bedroom On MainWheelchair Friendly Appliances F/S/W/D Cooling None Cooling YN No Fireplace Features ElectricLiving Room Fireplace YN Yes Fireplaces Total 1 Flooring CarpetCorkTile Foundation Details Concrete Perimeter Heating BaseboardElectric Heating YN Yes Interior Features Closet OrganizerControlled EntryEating AreaElevatorFurnishedSoaker TubStorage Laundry Features In Unit Main Level Bathrooms 2 Main Level Bedrooms 2 Window Features BlindsInsulated Windows

Property Features

Association Amenities Bike StorageCommon AreaElevator(S) Association Fee 690 Association Fee Frequency Monthly Association Fee Includes CaretakerTrashInsuranceMaintenance GroundsMaintenance StructureProperty ManagementRecyclingSewerWater Association YN Yes Building Name Corazon Home Warranty YN No New Construction YN No Number Of Buildings 1 Number Of Units In Community 72 Other Equipment Electric Garage Door Opener Ownership Freehold/Strata Pets Allowed Cats OkDogs Ok Pets Allowed Notes See Bylaws Property Attached YN Yes Property Condition Resale Property Sub Type Condo Apartment Rental Allowed Unrestricted Sewer Sewer To Lot Tax Annual Amount 3890.79 Tax Jurisdiction City Of Victoria Tax Year 2021 Water Source Municipal Youngest Age Allowed 0 Zoning Ct Zoning Description Multi-Family

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Sotheby's International Realty Canada and [CO-OFFICENAME].

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.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Day Team Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-06-24T18:22:33.673.
 
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