- Status:
- Sold
- Sold Date:
- Apr 09, 2021
- Sold Price:
- $4,175,000
- Sold in:
- 37 days
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 867513
Centrally located in one of Victoria’s premier rental communities
• Walking distance to Cook Street Village, Ross Bay Village, Downtown and Dallas Road
• Close proximity to transit
• Below market rents provide ability to increase revenue on turnover
• 3 storey, 14 suite apartment building with 2 parking stalls and 2 storage units
• Excellent suite mix consisting of 1 bachelor, 7 one-bedroom and 6 two-bedroom suites
• Consistently 100% occupied
• 50% turnover experienced in the last 3 years
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets, Sale Of Shares, See Remarks
- Listing General Location:
- Vi Fairfield West, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,405.2 sq. ft.
- Taxes:
- $16,367.39 / 2020
- Building Features:
- Bike Storage, Fire Alarm, Laundry Room, Parking, Shopping Nearby
- Construction:
- Frame Wood
- Foundation:
- Concrete Perimeter
- Floor finish:
- Carpet, Hardwood, Linoleum
- Total Building Area:
- 11,302 sq. ft.
- Commercial Area:
- Core (excl Downtown)
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Baseboard, Natural Gas
- Fireplace:
- No
- Pending Date:
- Mar 26, 2021
- Date Sold:
- Apr 09, 2021
- Fixtures
- Balcony/Deck
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Treat as clear title. Held in Bare Trustee.
- Assessed:
- 3014000.0
- Assessment year:
- 2021
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Lot 1158, Victoria City
- Occupancy:
- Tenant
- Lot Site Features:
- Central Location, Corner Lot, Shopping Nearby
- Parking Features:
- On Site
- Total Parking Spaces:
- 4
- Total Units:
- 14
- Date Listed:
- Mar 03, 2021
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Listed by Devon Properties, sold on April, 2021
Data was last updated April 14, 2021 at 04:05 AM (UTC)
- JOHNNY OLARTE
- RE/MAX CAMOSUN
- 1 (250) 7443301
- Contact by Email
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