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Listing by Thomas Hu Sutton Group West Coast Realty

$4,999,000

Est. payment - /mo

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0.34 Acres Lot

Active

1028 Inverness Rd Saanich, BC V8X 2S1

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Kyle Kerr PREC

kyle@initiumre.com +1(250) 818-5595

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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

NEARBY SCHOOLS & PROPERTIES

PROPERTIES

There are 1,327 listings nearby.

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1