1512 Montgomery Ave, Victoria

1512 Montgomery Ave, Victoria, BC V8S1T4 Photo 1

3 Photos

1512 Montgomery Ave, Victoria, BC V8S1T4 Photo 2
1512 Montgomery Ave, Victoria, BC V8S1T4 Photo 3
  • Living area: 3500 square feet
  • MLS®: 932812
  • Type: Residential
  • Added: 344 days ago

Property Details

Calling all Builders and Developers! A truly unique opportunity awaits in the esteemed Rockland neighbourhood. This Rare Mixed-Use Intensive (MMI) prospect holds the potential for remarkable transformation. Spanning an impressive 12,008 square feet, this lot is poised to accommodate a visionary project comprising 5 luxurious townhomes. One of the most compelling aspects of this opportunity is that there's no need for rezoning. The existing zoning seamlessly aligns with the vision for these opulent townhomes. Furthermore, the current zoning permits structures of up to three stories, a key detail that introduces the exciting possibility of capturing captivating water views. Positioned conveniently near St. Charles Street and Fairfield Plaza, this location seamlessly merges the allure of the residential enclave with the convenience of nearby amenities. The lot's slightly elevated terrain sets the stage for a straightforward construction process, lending ease to your building endeavours. Detailed house plans can be provided upon request for those seeking more specifics. This offering invites you to tap into the burgeoning potential of Rockland, crafting a legacy of luxury living within a coveted neighbourhood. It's an invitation to shape the landscape and realize a vision that blends architectural brilliance with a prime locale. (id:1945)

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Property Information

  • Tax Lot: 3
  • Zoning: Residential
  • Cooling: None
  • Heating: Baseboard heaters
  • Living Area: 3500
  • Photos Count: 3
  • Lot Size Units: square feet
  • Parcel Number: 005-970-563
  • Parking Total: 6
  • Structure Type: House
  • Common Interest: Freehold
  • Fireplaces Total: 2
  • Tax Annual Amount: 7159.56
  • Lot Size Dimensions: 12008
  • Zoning Description: R!-B
  • Above Grade Finished Area: 3500
  • Above Grade Finished Area Units: square feet
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Nearby Places

Name Type Address Distance
Rockland, Greater Victoria Its boundaries are imprecise but the area roughly ... 0.4 km
CILS-FM Branded as Radio Victoria, the station airs a comm... 0.5 km
Malvern and Westerham School Malvern and Westerham School was a school located ... 0.7 km
Art Gallery of Greater Victoria Art gallery 1040 Moss St 0.8 km
Art Gallery of Greater Victoria Opened in 1951, the gallery possesses notable work... 0.8 km
Ross Bay Villa The single-family home, built in 1865, is a Herita... 0.9 km
Roman Catholic Diocese of Victoria in Canada Headquartered in Victoria, the diocese encompasses... 1.0 km
Victoria College Of Art School 1625 Bank St 1.1 km
Victoria College of Art Its Fine Art diploma consists of a certificate in ... 1.2 km
Victoria High School (British Columbia) It is the oldest high school in the province, and ... 1.3 km
Belfry Theatre The company produces contemporary theatre, with a ... 1.3 km
Oak Bay, British Columbia A member municipality of the Capital Regional Dist... 1.3 km
Similar Houses Stat in Victoria
We have found 6 Houses that closely match the specifications of the property located at 1512 Montgomery Ave with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 2,249,900 and 3,700,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V8S1T4 postal code area of Victoria British Columbia Canada.
1512 Montgomery Ave mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1512 Montgomery Ave. The current price of the property is $3,500,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,800,000. This would result in a monthly mortgage payment of $16,367 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 40
Bachelor's degree 90
University / Above bachelor level 15
College 40
Degree in medicine 20
University degree at bachelor level or above 170

Neighbourhood Marital Status Stat

Married 255
Widowed 30
Divorced 40
Separated 10
Never married 85
Living common law 35
Married or living common law 290
Not married and not living common law 155

Neighbourhood Construction Date

1961 to 1980 30
1981 to 1990 35
1991 to 2000 20
2006 to 2010 10
1960 or before 140
Comparison of 1512 Montgomery Ave, Victoria, BC with Nearby Houses
Nearby Cities Listings Avg. price
Oak Bay Real Estate 75 $2.581.748
Saanich Real Estate 286 $1.541.177
Esquimalt Real Estate 66 $1.022.512
Colwood Real Estate 96 $1.186.211
Langford Real Estate 377 $1.004.653
Central Saanich Real Estate 66 $2.010.922
Duncan Real Estate 240 $960.037
North Saanich Real Estate 64 $1.971.628
Popular Cities Listings Avg. price
Richmond Real Estate 748 $1.635.992
Surrey Real Estate 2556 $1.599.638
Vancouver Real Estate 2801 $2.107.637
Burnaby Real Estate 824 $1.403.230
Nanaimo Real Estate 687 $896.490
Langley Real Estate 1015 $1.823.276
Coquitlam Real Estate 518 $1.679.206
North Vancouver Real Estate 484 $1.765.518
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