$5,800,000

Investment For Sale In South Jubilee, Victoria, British Columbia

$5,800,000

Property Information:

This 21 unit building has been meticulously maintained and sits on a large ±16,200 square foot lot on the outskirts of Oak Bay Village, providing tenants with quick access to the Royal Jubilee Hospital, Oak Bay Recreation Centre, Stadacona Centre and numerous other amenities. Features: Large suites with an attractive suite mix of seven (7) two-bedrooms, thirteen (13) one-bedrooms and one (1) bachelor; Well maintained apartment building with updated vinyl windows and doors. Decks completely replaced; Below market rents providing significant upside in income upon tenant turnover; Coin operated laundry on-site; Designated as “Urban Residential” in the city of Victoria’s Official Community Plan, which supports a density of 2:1 FSR. Can be purchased separately or as a package with 2170 Haultain Street (MLS #977776).

Property Features:

  • Annual Tax Amount: $25,523
  • Built in: 1969
  • Floor Space (approx): 1 Square Feet
  • Lot Frontage: 16200 Square Feet
  • Lot Size: 16200.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family

Courtesy of: Colliers

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.