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502-613 Herald Street
  • Victoria, BC, V8W 1S8

$430,000
Est. /mo
Calc
1 Bed
1 Bath
520 Sqft
Apt/Condo
Contact
Listing Agent
Property Description:
This short-term vacation rental has been 90% booked since brand new and is almost 100% booked for the summer with $6400 net bookings in August. This unit is projected to average $3000/month gross for the year. Enjoy modern downtown living in this unique 1-bed suite in the 2018-built Cityzen building, strategically located in the heart of China Town. The bright, open-concept floorplan is complimented by stainless steel appliances, laminate floors, and designer finishes throughout. Remote access and flexible short-term property management are available. Strata is professionally managed and most owners in the building are like-minded investors. This unit comes w/ secure bike storage, a large storage locker, and a MODO car share membership. One of the last buildings that allow legal short term rentals in the city! Pet-friendly, BBQ’s allowed. Walk score 99/100 & bike score 98/100! GST applicable - suite has been used solely as a business. Furniture negotiable!
Property Overview
Property Age Built in 2018 (1 yrs old)
Gross Taxes for 2018 $0
Strata Maintenance Fees $210
Sub-Area/Community Downtown
Property Type Apt/Condo
Title Frhld/Strata
Style Condo: One Level
Exterior Finish Brick Facing, Concrete Block, Metal, Stucco
Heating Type Baseboard
Listing ID 413323
Primary Agent Reiner Theil
Primary Broker NAI Commercial (Victoria) Inc.
Days on REW 9 Days on REW
Special Features
Amenities Bike Storage, Deck/patio, Elevator, Garbage Removal, Laundry: In-suite(s), Master Bedroom On Main, Property Management, Separate Storage, Wheelchair Friendly
Nearby Schools
George Jay School
  • Public
  • Pre-K - 5
  • In Catchment
Victoria High School
  • Public
  • 9 - 12
  • In Catchment
Pacific School of Innovation and Inquiry
  • Independent
  • 9 - 12
Christ Church Cathedral School
  • Independent
  • K - 8
South Park Family School
  • Public
  • K - 5
Selkirk Montessori School
  • Independent
  • K - 8
Central Middle School
  • Public
  • 6 - 8
Elizabeth Buckley School
  • Independent
  • K - 8
Oak and Orca Bioregional School
  • Independent
  • K
Victoria School for Ideal Education
  • Independent
  • K - 9
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly. Report Incorrect Info
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