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$ 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
Rental Info Unrestricted
Annual Tax Amount $21,000
Tax Year 2022
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 98 ft wide
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
Area Saanich East
Exterior
Exterior Feature Balcony
Building
Lot Description Rectangular Lot, Sidewalk, See Remarks
Others
Pets Allowed Yes
Tax ID 004-855-744
Ownership Freehold
Listed by Sutton Group West Coast Realty
“Whether it’s your first apartment or pied-a-terre, a newly developed condo or a waterfront estate, our Advisors will work with you to understand your requirements and achieve your priorities.”
~ Adrian Langereis