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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by Sukh Johal Coldwell Banker Universe Realty

$ 2,799,999

Est. payment | -/mo

7,446 SqFt

Save

$ 2,799,999

Est. payment | -/mo

Save

7,446 SqFt

Key Details

Property Type Commercial Sale

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,446 sqft

Price per Sqft $376

MLS Listing ID 1051464

HOA Y/N No

Year Built 1969

Annual Tax Amount $13,530

Tax Year 2026

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Multi Family

Property Description

11-unit Victoria West apartment investment near West Bay. 9 one-bedroom suites approx. 600 SF + 2 two-bedroom suites approx. 750 SF. 2025 reported NOI $110,003 (3.93% cap at $2.8M). 9 occupied, 1 vacant + 1 under renovation offer lease-up upside. Illustrative full-occupancy NOI approx. $134,655 / 4.81% cap. LI-1 zoning with site-specific residential use permitted if constructed before Jan. 1, 1975. Full due diligence package available. 1.25% Buyer Agent Commission.

Location

Province BC

County Capital Regional District

Community Vw Victoria West

Area Victoria West

Interior

Heating Baseboard, Electric

Cooling None

Flooring Carpet, Wood

Inclusions Parking

Fireplace No

Exterior

Parking Features On Site

Garage Spaces 12.0

Utilities Available Cable Connected, Electricity Available, Electricity Connected, Garbage, Phone Available, Recycling

View Y/N Yes

View City, Ocean

Street Surface Unimproved

Total Parking Spaces 12

Garage No

Building

Lot Description Adult-Oriented Neighbourhood, Central Location, Irregular Lot, Private, Shopping Nearby, Sidewalk

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Restrictions None

Ownership Freehold

Acceptable Financing Agreement for Sale

Listing Terms Agreement for Sale

Special Listing Condition Updated/Remodeled

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.

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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614 Esquimalt Rd Victoria, BC V9A 3L4