Best Deals On Houses In Victoria BC
1028 Inverness Rd
SE Quadra
Saanich
V8X 2S1
$4,999,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 945169
- Photos (2)
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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:
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- Existing Lease Expiry:
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- Listing General Location:
- SE Quadra, Saanich East
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 14,880 sq. ft.1,382 m2
- Lot Details:
- 98 ft wide
- Taxes:
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- Building Features:
- Laundry Room, Parking, Transit Nearby
- Ceiling Heights:
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- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Balcony
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- District of Saanich (SD61)
- Legal Description:
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- Lot Site Features:
- Rectangular Lot, Sidewalk, See Remarks
- Total Parking Spaces:
- 0
- Business Type:
- Accommodation
- Total Units:
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- Date Listed:
- Oct 01, 2023
- Original Price:
- 4990000.0
Larger map options:
Listed by Sutton Group West Coast Realty
Data was last updated July 10, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 18
- Avg list price:
- $1,124,500
- Min list price:
- $80,000
- Max list price:
- $11,300,000
- Avg days on market:
- 104
- Min days on market:
- 10
- Max days on market:
- 648
These statistics are generated based on the current listing's property type
and located in
Saanich East. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.