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1401 Fort St
Vi Rockland Victoria V8S 1Y9

$3,600,000
Commercial Sale built: 1958

Main Photo: 1401 Fort St in Victoria: Vi Rockland Multi Family for sale : MLS®# 995451
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
995451
Year Built:
1958
The Avison Young Mulit-Family team is pleased to market for sale 1401 Fort Street, Victoria, BC (the "Property"). This thirteen (13) unit rental apartment is located in the highly desirable Rockland neighborhood offering convenient access to downtown Victoria, Oak Bay and an abundance of shopping, services and amenities within walking distance. The Property features a 10,222 square foot lot designated Urban Residential (FSR:2.0) offering an investor/developer future redevelopment potential up to 20,444 square feet. Additionally, the Property offers significant rental upside to an investor accessible through natural tenant turnover. This is a superb investment opportunity in one of the most desirable rental markets in all of Canada.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Year built:
1958 (Age: 67)
Lease Type:
Sale of Assets
Listing General Location:
Vi Rockland, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
10,222 sq. ft.
Taxes:
$16,500.95 / 2024
Construction:
Frame Wood
Number of Storeys:
3
Total Building Area:
0 sq. ft.
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal
Heating:
Other
Fireplace:
No
Parking, Real Estate
Main Level
0
Yes
No
Unrestricted
Assessed:
3463000.0
Assessment year:
2025
Gross Income:
237872.0
Net Operating Income:
171107.0
Jurisdiction name:
City of Victoria
Legal Description:
LOT A, PLAN VIP13159, SECTION 74, VICTORIA LAND DISTRICT
Zoning:
R3-AM-2
Units in Building:
13
Occupancy:
Tenant
Lot Site Features:
Easy Access
Parking Features:
On Site
Total Parking Spaces:
7
Road Surface Type:
Paved
Total Units:
13
Date Listed:
Apr 14, 2025
Original Price:
3600000.0
  • Photo 1: 1401 Fort St in Victoria: Vi Rockland Multi Family for sale : MLS®# 995451
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Listed by AVISON YOUNG COMMERCIAL
Data was last updated June 1, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
94
Avg list price:
$1,290,000
Min list price:
$28,000
Max list price:
$6,700,000
Avg days on market:
85
Min days on market:
4
Max days on market:
867
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
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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.
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