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Listed 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
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
Exterior
Exterior Feature Balcony
View Y/N No
Garage No
Building
Lot Description Rectangular Lot, Sidewalk, See Remarks
Locker No
Others
Ownership Freehold
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