$1,439,900
1142 North Park St
Beds
5
Baths
4
Sqft
—
Year
1908
About this home
Welcome to 1142 North Park Street! An amazing 4 unit character property in a quiet and upcoming neighbourhood yet walking distance so many amenities and downtown. Presently generating $7700 per month in rental income and has been updated to four separate self contained suites with coin-op shared laundry. The home has been well maintained over the years with some recent extensive updates on the main level with new flooring, drywall, bathroom update and more providing a beautiful living space for possible owner-occupied and seeking additional revenue. Situated on a generous 7000 square foot R-2 Zoned lot, with a large back space partially fenced with trees and ample privacy. Additionally a stand alone, large garage separated into two providing great storage solutions. An amazing opportunity to own a property in the North Park Village and walking distance to everything downtown offers! (id:65958)
- Subtype
- Single Family
- Architectural style
- Character
- Lot size
- 7,000 square feet
- MLS#
- 1031472
- Area
- VICTORIA
Cash on cash
-11.53%
Cap rate
3.58%
GRM
16.7
Break-even rent
$10,112
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.