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1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East) : MLS®# 945169

1028 Inverness Rd Saanich V8X 2S1 : SE Quadra

Main Photo: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
$4,999,000
Prop. Type:
Commercial Sale
MLS® Num:
945169
Status:
Active
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.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Business, Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
SE Quadra, Saanich East
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure14,880.103 sq. ft.
Lot Details:
98 ft wide
Taxes:
Building Features:
Laundry Room, Parking, Transit Nearby
Ceiling Heights:
Switch units of measure
Commercial Area:
Fireplace:
No
Pending Date:
Balcony
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Units in Building:
Units in Community:
Lot Site Features:
Rectangular Lot, Sidewalk, See Remarks
Total Parking Spaces:
0
Business Type:
Accommodation
Total Units:
Date Listed:
Oct 01, 2023
Original Price:
4990000.0
Listed by Sutton Group West Coast Realty
Data was last updated September 13, 2024 at 02:05 PM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.