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Listing by Thomas Hu Sutton Group West Coast Realty
$ 4,999,000
Est. payment | /mo
0.34 Acres Lot
$ 4,999,000
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 945169
HOA Y/N No
Annual Tax Amount $21,000
Tax Year 2022
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Multi Family
Property Description
This opportunity allows potential investors to acquire a 100% ownership stake in Thornwood Manor, located at 1028 Inverness Rd in Greater Victoria. Thornwood Manor is a three-story apartment building situated in a prime location along Inverness Rd, positioned between Quadra St and Glasgow Ave. This offering presents a distinct chance to invest in a well-maintained, income-generating multi-family apartment building at the center of Greater Victoria, with significant potential for redevelopment. The property is surrounded by multi-family zoning, indicating favorable development prospects. Moreover, it's conveniently located, being just a 5-minute drive to Mayfair Mall and the uptown area of Victoria.
Location
Province BC
County Capital Regional District
Community Se Quadra
Area Saanich East
Interior
Fireplace No
Exterior
Exterior Feature Balcony
View Y/N false
Garage No
Building
Lot Description Rectangular Lot, Sidewalk, See Remarks
Others
Ownership Freehold
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