614 Esquimalt Rd, Victoria, BC V9A 3L4

$2,799,999
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Courtesy of Coldwell Banker Universe Realty

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List Price
$2,799,999
Status
ACTIVE
MLS®
1051464
Property Type
Commercial
Year Built
1969
Stories
4
Acres
0.29
Lot Size
12,820
District
Victoria
Neighbourhood
Vw Victoria West
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(250) 589-2897

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.

(250) 589-2897
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Additional Information

Lot Features
Adult-Oriented Neighbourhood, Central Location, Irregular Lot, Private, Shopping Nearby, Sidewalk
Heating
Baseboard, Electric
Flooring
Carpet, Wood
Parking Spaces
12
Parking Type
On Site
Taxes
$13,530
Rentals Allowed
Unrestricted
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