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$2,375,000

Est. payment - /mo

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6,969 Sqft Lot

Active

2312 Wark St Victoria, BC V8T 4G6

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Kyle Kerr PREC

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

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 999397

Rental Info Unrestricted

Year Built 1912

Annual Tax Amount $8,061

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Property Description

This 8 unit character rental building is located at 2312 Wark Street which is in one of Victoria's most charming residential heritage neighbourhoods. The suite mix includes one (1) studio, five (5) one-bedroom suites, one (1) two-bedroom suite, and one (1) three bedroom suite. There are 10 on-site parking stalls. Extensive building work was undertaken in 2016 which included concrete foundation floor, perimeter drainage system, and new energy efficient gas boiler. The cap rate based on the asking price and in-place income is 4.80% . For further details, please see the attached marketing brochure.

Location

Province BC

County Capital Regional District

Area Vi Central Park

Zoning R-2

Exterior

Parking On Site 1

Total Parking Spaces 10

Building

Story 3

Others

Tax ID 001-765-639

Ownership Freehold

Acceptable Financing Clear Title

Listing Terms Clear Title

Listed by Colliers

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