CONTACT

Buy a home and real estate in Esquimalt

Forgot password Extend Verify Contact

611 Fernhill Rd
Es Rockheights Esquimalt V9A 4Y8

$1,400,000
Commercial Sale built: 1958

Main Photo: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Photo 1: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Photo 2: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Photo 3: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Photo 4: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Photo 5: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Photo 6: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Photo 7: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Photo 8: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Photo 9: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
Status:
Sold
Sold Date:
Dec 22, 2022
Sold Price:
$1,400,000
Sold in:
79 days
Prop. Type:
Commercial Sale
MLS® Num:
916055
Year Built:
1958
Excellent opportunity for Developers/Investors in the heart of the vastly expanding and growing Esquimalt municipality. This 5 Unit walk-up apartment building is situated on 9240 sq/ft and is comprised of 2-2 Bedroom Units and 3-1 Bedroom Units. Currently heavily under rented but the potential is next to none with Esquimalt's pro-density stance and being situated in the OCP's Medium Density Development area! Look into a site-specific development or larger land assembly rezone for a 6-story site or hold in your portfolio for long term investment value w/future development. Current Gross rent is almost $60K and each unit offers original hardwood floors with some great Southern Views from the top units. Coin operated laundry, extra storage and on-site parking spot for each unit as well.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Year built:
1958 (Age: 66)
Lease Type:
Sale Price
Listing General Location:
Es Rockheights, Esquimalt
Bathrooms:
- (Full:-/Half:-)
Lot Size:
9,240.064 sq. ft.
Taxes:
$6,171.23 / 2022
Building Features:
Parking, Storage Room, Transit Nearby
Construction:
Stucco
Foundation:
Concrete Perimeter
Number of Storeys:
3
Total Building Area:
4,703 sq. ft.
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal
Sewer:
Sewer Connected, Sewer To Lot
Cooling:
None
Heating:
Hot Water, Oil
Fireplace:
No
Pending Date:
Nov 23, 2022
Date Sold:
Dec 22, 2022
Balcony/Deck
Ocean
Main Level
0
Yes
No
Unrestricted
Assessed:
1243700.0
Assessment year:
2022
Gross Income:
59625.6
Jurisdiction name:
Township of Esquimalt
Legal Description:
Lot C, Plan VIP12446, Section 11, Esquimalt Land District
Zoning:
RD1 - Two Family Resident
Units in Building:
5
Occupancy:
Tenant
Parking Features:
On Site
Total Parking Spaces:
5
Total Units:
5
Date Listed:
Oct 04, 2022
  • Photo 1: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
    Photo 1 of 9
  • Photo 2: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
    Photo 2 of 9
  • Photo 3: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
    Photo 3 of 9
  • Photo 4: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
    Photo 4 of 9
  • Photo 5: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
    Photo 5 of 9
  • Photo 6: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
    Photo 6 of 9
  • Photo 7: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
    Photo 7 of 9
  • Photo 8: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
    Photo 8 of 9
  • Photo 9: 611 Fernhill Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 916055
    Photo 9 of 9
To access this listing,
please create a free account

Listed by Pemberton Holmes - Cloverdale, sold on December, 2022
Data was last updated March 29, 2024 at 10:05 AM (UTC)

Esquimalt Real Estate For Sale 

Esquimalt Real Estate Homes Townhouse Condo

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.