- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 921221
- Photos (10)
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Pleased to offer a rare opportunity to acquire an extensively renovated, and completely rebuilt sixteen (16) unit rental apartment building for sale at 860 Carrie Street. This highly desirable apartment building is a superb opportunity for an investor to acquire a stable cash-flowing asset with below market financing in the amenity rich township of Esquimalt. Investment Highlights •Assumable mortgage locked in at 3.2% until 2029 •Property is held in a bare trust •Entire building and all suites have undergone significant renovations •On-site parking and in-suite laundry for all tenants •Rental upside upon tenant turnover (rents are currently below market) •Centrally located within walking distance to schools, grocery stores, restaurants, cafes, parks, and the ocean •All 16 units have been updated with a high-quality modern finish and all 12 (1) bedroom suites have their own private balcony.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Listing General Location:
- Es Esquimalt, Esquimalt
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 12,500.087 sq. ft.1,161.296 m2
- Taxes:
- $14,513.83 / 2022
- Total Building Area:
- 1 sq. ft.0.093 m2
- Commercial Area:
- Core (excl Downtown)
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 2925000.0
- Assessment year:
- 2022
- Jurisdiction name:
- Township of Esquimalt
- Legal Description:
- Lot 10, Plan VIP276, Section 10, Esquimalt Land District
- Zoning:
- RM-4
- Parking Features:
- On Site
- Total Units:
- 16
- Date Listed:
- Jan 10, 2023
- Original Price:
- 5350000.0
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Listed by Colliers
Data was last updated November 28, 2023 at 08:05 PM (UTC)
- JOHNNY OLARTE
- RE/MAX CAMOSUN
- 1 (250) 7443301
- Contact by Email
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