732 Cormorant St Unit: 405

Victoria, BC, V8W 4A5

$1,099,000

$863 per ft²
$1,099,000
$863 per ft²
Active
Active
 - For Sale
beds
2 Beds
baths
2 Baths
carpenters-square
1,273 ft²
property_type
Residential
calendar
Built 2005
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.
MLS® ID:
904118
Listed:
5/23/22
Updated:
7/5/22

Interior Features

Kitchen Appliances
F/S/W/D
Total Bedrooms
2
Total Bathrooms
2
Interior Features
Closet Organizer, Controlled Entry, Eating Area, Elevator, Furnished, Soaker Tub, Storage
Laundry Description
In Unit
Floor Description
Carpet, Cork, Tile
Fireplace
Electric, Living Room
Cooling
None
Heating
Baseboard, Electric

Exterior/Building Features

Lot Size
1,273 ft² lot
Exterior Features
Balcony/Patio
Architectural Style
West Coast
Lot Details
Rectangular Lot
Roof
Tar/Gravel
Sewer
Sewer To Lot

Other Property Details

Area Name
Victoria
Taxes
$3890.79
Tax Frequency
per YEAR
HOA Fee
$690
HOA Frequency
per MONTH
HOA Amenities
Bike Storage, Common Area, Elevator(s)
Garage
Yes
Parking
Attached, Guest, Underground
Parking Total
1.0
View
Y
County
Capital Regional District
Water Source
Municipal
Pool
No
Total Stories
12
Zoning
CT

 

Courtesy of Sotheby's International Realty Canada 

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