The historic focus of Fairfield, 601 Su’it (Trutch) Street is a landmark heritage property dating from 1861 and designed by the architectural firm of Wright & Sanders. Lovingly maintained by the same owner since 1982 (42 Years) when heritage designation was secured from the city for both house and grounds to ensure long-term protection of this historic community asset. The careful restoration of the exterior was undertaken based on archival records and won 601 Su'it (Trutch) Street a Hallmark Award in 1984. This property represents an amazing once-in-a-generation investment opportunity. Converted by permit and to code in 1982 to 4 apartments and 5 housekeeping rooms and currently configured as 7 self-contained character apartments. The property is in an advanced stage of discussion with the City of Victoria for rezoning to allow 3 additional rental units for a potential total of 10 suites. Manage as an investment property or make this the grand Fairfield address for you and your extended family with the added benefit of significant rental income in a highly sought-after neighbourhood of Victoria. Situated just a short stroll from Cook Street Village Shops, Pubs and Restaurants, Beacon Hill Park, Dallas Road Beach Front, The Royal Theatre, and even Downtown or simply enjoy the lush front garden with stately oak trees and spectacular Rhododendra. Don’t miss this rare chance to be a part of history!
Address
601 Su'it St
List Price
$2,499,900
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Victoria
Sub-Area
Vi Fairfield West
Lot Size
16400 Sq. Ft.
Lot Size (Acres)
0.38 Ac.
Year Built
1861
MLS® Number
985589
Listing Brokerage
Century 21 Queenswood Realty Ltd.
Postal Code
V8V 4C4
Tax Amount
$10,475.90
Tax Year
2023
Features
Baseboard, Electric, Linoleum, Mixed, Natural Gas, Wood
Amenities
Balcony/Deck, Central Location, Curb & Gutter, Landscaped, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby