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516 Simcoe St
Vi James Bay Victoria V8W 1L8

$999,900
Residential beds: 3 baths: 2.0 1,329 sq. ft. built: 1931

Main Photo: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 1: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 2: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 3: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 4: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 5: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 6: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 7: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 8: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 9: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 10: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 11: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 12: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 13: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 14: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 15: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 16: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 17: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 18: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 19: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 20: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Photo 21: 516 Simcoe St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 992144
Status:
Active
Prop. Type:
Residential
MLS® Num:
992144
Bedrooms:
3
Bathrooms:
2
Year Built:
1931
Rare Opportunity: Two Character Homes in James Bay. This unique offering presents two charming character homes located in the heart of James Bay. These well-loved 1930s homes have been cherished by the same family for over 40 years. Situated steps to the highly desirable James Bay Village, they offer exceptional frontage and are zoned as R3-2 within the Multiple Dwelling District. 516 Simcoe Street features 3 bedrooms and 2 bathrooms, along with additional unfinished space on the lower level. The south-west facing lot spans 5098 sqft. 517 Toronto Street offers 2 bedrooms and 2 bathrooms, with additional space on the lower level. The lot size is 4146 sqft. Consider holding and renting these homes while exploring future redevelopment options. Buyers to verify all development plans, and the properties are being sold as-is, where-is. The combined offering of 516 Simcoe Street and 517 Toronto Street is priced at $1,999,800 and MUST BE PURCHASED TOGETHER. Contact your Realtor today.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1931 (Age: 94)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,329 sq. ft.
Listing General Location:
Vi James Bay, Victoria
Bedrooms:
3
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
5,098 sq. ft.
Kitchens:
1
Home Style:
Character
Taxes:
Construction:
Stucco
New Construction:
No
Basement:
Partially Finished, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Ceiling Heights:
Floor finish:
Hardwood, Mixed
Total Building Area:
2,282 sq. ft.
Total Unfinished Area:
953 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
121 sq. ft.
Living Area Main Floor:
1,208 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
Yes
Pending Date:
F/S/W/D
Dining/Living Combo, Eating Area
Wood Frames
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Other
Floor
Ensuite
Pieces
Other
Main Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
Southeast
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Central Location
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
1
Garage:
Yes
Parking Features:
Driveway, Garage
Total Parking Spaces:
2
Total Units:
Date Listed:
Mar 14, 2025
Original Price:
999900.0
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Listed by Macdonald Realty Victoria
Data was last updated March 15, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$849,000
Min list price:
$210,000
Max list price:
$4,500,000
Avg days on market:
33
Min days on market:
1
Max days on market:
204
Avg price per sq.ft.:
$752.37
These statistics are generated based on the current listing's property type and located in Vi James Bay. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.