LWow! This legal four-plex in Greater Victoria is already re-zoned for a 17-unit multifamily development, but priced like an older house in East Vancouver. In the meantime, it offers steady rental income while you plan your next move. Each of the four two-bedroom, one-bath suites is self-contained, with its own outside entrance for easy access. Alternatively, you could live in one unit and rent out the other three to help cover carrying costs.It’s a solid holding property for investors or builders with future development in mind. Hold it, collect income, and move forward when the timing is right. The location is exceptional, close to Greater Victoria’s third-largest employer, CFB Esquimalt, and just a few blocks from the new Esquimalt Town Square and Village Project with ample amenities
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Above Level | Living Room | 12' x 12' ft |
| Above Level | Kitchen | 8' x 8' ft |
| Above Level | Bedroom | 10' x 10' ft |
| Above Level | Bedroom | 10' x 10' ft |
| Above Level | Living Room | 12' x 12' ft |
| Above Level | Kitchen | 8' x 8' ft |
| Above Level | Bedroom | 10' x 10' ft |
| Above Level | Bedroom | 10' x 10' ft |
| Main Level | Living Room | 12' x 12' ft |
| Above Level | Kitchen | 8' x 8' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Main Level | Living Room | 11' x 11' ft |
| Main Level | Kitchen | 8' x 8' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Main Level | Laundry | 9' x 9' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | No | #4 |
| Main Level | No | #4 |
| Above Level | No | #4 |
| Main Level | No | #4 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 621 Constance Avenue
As we walk through this charming neighborhood, you'll notice the warm and inviting atmosphere - perfect for families and individuals alike. Located in No City Value, BC, this property has everything you need for a comfortable and convenient lifestyle.
Education
The property with listing MLS® R3066108 is serviced by École Macaulay Elementary, a highly-rated school with a No Rating. The school is just a 1.08 km walk from the property, making it an ideal choice for families. You'll also have access to Esquimalt High, a secondary school with a No Rating, located 1.79 km away. For parents seeking a more unique educational experience, the closest elementary independent school is Selkirk Montessori School, with a rating of 9.5/10, located 3.11 km from the property. Meanwhile, the closest secondary independent school is Pacific School of Innovation and Inquiry, with a No Rating, located 3.92 km away.
Safety and Crime Rates
According to the latest crime data from Statistics Canada (2020), this neighborhood has a Low overall crime rate of 3,686.56, which is significantly lower than the national average. With only 701 reported disturbances in 2020, you can feel safe and secure in this community. Additionally, the neighborhood has a Low drug crime rate, with a rating of 47.33, and a Low property crime rate, with a rating of 1,951.09. The violent crime rate is also Low, with 190 reported incidents in 2020.
Demographics and Lifestyle
This neighborhood is home to a diverse range of residents, with 19.7% holding a university certificate or degree, which is Average compared to other BC neighborhoods. However, 17% of the population has no certificate or degree, also Average. The median household income is $53,120, which is Below Average compared to the BC average. Meanwhile, the median personal income is $33,252, which is Average. The neighborhood is predominantly owner-occupied, with 69% of households having a mortgage, which is Above Average.
Transportation and Accessibility
The closest bus station, Admirals at Esquimalt (SB), is just 0.09 km away from this listing with MLS® R3066108. With access to public transportation, you'll be connected to the rest of the city and its amenities. The neighborhood is also car-friendly, with 59.2% of the population using cars, which is Low. However, there's a growing trend towards eco-friendly transportation, with 7.1% of the population using bicycles, which is High, and 14% of the population walking, also High.
Real Estate and Community
This property is an excellent investment opportunity, with an average value of dwellings in the neighborhood being $468,820, which is Above Average compared to other areas in British Columbia. The average owner payments are also Above Average, with homeowners spending $1,366 per month on their dwellings. Meanwhile, tenants are paying $1,049 per month, which is Average.
Language and Culture
Around 86.5% of the population speaks English only, which is Below Average, while 13.1% speak both English and French, which is Above Average. The neighborhood is a melting pot of cultures, with a small percentage of Neither English nor French speakers.
Community Amenities
This neighborhood is well-connected to the rest of the city, with nearby amenities such as parks, beaches, trails, and shopping malls. You'll also find grocery stores, restaurants, coffee shops, and hospitals nearby, making it an ideal choice for those seeking a convenient and comfortable lifestyle.
Neighborhood Facts
The neighborhood has seen a High population growth rate of 16.2% between 2011 and 2016, which is above average. The population density per square kilometer is 2,829.6, which is Above Average. The average family size is 2.6, which is Low compared to the whole region. Meanwhile, 52.3% of families have children, which is Below Average, and 43.9% of the population is married or living common law, which is Low.
If you're looking for a welcoming and convenient neighborhood, look no further than 621 Constance Avenue, No City Value, BC, MLS® R3066108. This property has everything you need for a comfortable and enjoyable lifestyle, including excellent education options, a safe and secure environment, and easy access to community amenities.
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