1410 Fort St

Vi Rockland Victoria V8S 1Z1

15-suite value-add apartment building with future redevelopment potential for sale. The subject property is centrally located within walking distance to Victoria’s most desirable neighborhoods: Oak Bay, Fairfield, Fernwood, and the Downtown Core. This corner lot property is primed for future redevelopment being designated as “Urban Residential” in the Official Community Plan (OCP), which allows for a maximum density of 2:1 and up to 6 storeys in height. Features - Large 12,905 SF corner lot with access off Fort and Harrison Streets - Significant rental upside opportunity upon tenant turnover (rents are currently below market) - Walking distance to Oak Bay Avenue, Urban Grocer, Craigdorrach Castle, Shine Café, and many other attractive amenities - Convenient and easy access to main bus routes directly to the University of Victoria and Camosun College. - On-site parking for tenants.