732 Cormorant St Unit #405, Victoria, BC V8W 4A5

$1,099,000
2
BD
2
BA
1,273
SqFt

Courtesy of Sotheby's International Realty Canada

List Price
$1,099,000
Status
ACTIVE
MLS® #
904118
Property Type
Condo
Year Built
2005
Style
West Coast
Stories
12
Bedrooms
2
Total baths
2
Living Area
1,273
Acres
0.03
Lot Size
1,273
District
Victoria
Neighbourhood
Vi Downtown
Building Name
Corazon

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.

Additional Information

Strata Fee
$690
Layout
Condo
Lot Features
Rectangular Lot
Heating
Baseboard, Electric
Flooring
Carpet, Cork, Tile
Roof
Tar/Gravel
Parking Spaces
1
Exterior Features
Balcony/Patio
Interior Features
Closet Organizer, Controlled Entry, Eating Area, Elevator, Furnished, Soaker Tub, Storage
Parking Type
Attached, Guest, Underground
Kitchens
1
Laundry Feature
In Unit
Fireplace Description
Electric, Living Room
Taxes
$3,890
Rentals Allowed
Unrestricted
Pets Allowed
Cats OK, Dogs OK

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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