Legal 4-Plex in a prime, central location in the heart of Esquimalt. This Property has several options for use and future upside. The Property has been successfully rezoned to allow for a 17-unit multifamily development, and in the meantime can produce revenue while holding. Or if you're looking for a multi-generation accomodation, this would be perfect, with four two bedroom one bath suites on two levels. Each suite has an individual outside entrance door with easy access in and out of the suites. Great opportunity for investors as a strategic holding property with an eye for future development with the zoning already in place, or use the rents from 3-units to pay your mortgage as you live in one unit! The location is incredible for a discerning Buyer, being close to Greater Victoria's 3rd largest employer: CFB Esquimalt, and just a few blocks from the new Esquimalt Town Square and Village Project with ample ammenities.
Address
621 Constance Ave
List Price
$2,230,000
Property Type
Residential
Type of Dwelling
Quadruplex
Transaction Type
Sale
Area
Esquimalt
Sub-Area
Es Esquimalt
Bedrooms
8
Bathrooms
4
Floor Area
3,299 Sq. Ft.
Lot Size
7380 Sq. Ft.
Lot Size (Acres)
0.17 Ac.
Year Built
1969
MLS® Number
1020081
Listing Brokerage
Royal LePage Coast Capital - Oak Bay
Basement Area
None
Postal Code
V9A 6N8
Tax Amount
$10,311.00
Tax Year
2025
Features
Baseboard, Electric
Amenities
Level, Rectangular Lot
