Luxury Victoria Waterfront Listings
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 996784
- Year Built:
- 1947
- Photos (59)
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Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases as well, with one expected to become vacant for May 1st. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1947 (Age: 78)
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Vi Fairfield East, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 5,600 sq. ft.
- Lot Details:
- 56 x 100
- Taxes:
- Signup
- Building Features:
- Bike Storage, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby, See Remarks
- Construction:
- Concrete, Frame Wood, Stucco
- New Construction:
- No
- Electricity:
- Yes
- Number of Storeys:
- 3
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Hardwood, Laminate, Linoleum
- Total Building Area:
- 4,274 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal, To Lot
- Sewer:
- Sewer To Lot
- Heating:
- Baseboard, Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Electric, See Remarks
- Fencing: Partial, Lighting, Low Maintenance Yard, See Remarks
- Corner of Fairfield & Richmond
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Utilities:
- Cable Connected, Compost, Electricity Connected, Garbage, Recycling
- Lot Site Features:
- Central Location, Corner Lot, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Irrigation Sprinkler(s), Landscaped, Level, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks
- Parking Features:
- On Site
- Total Parking Spaces:
- 3
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Apr 28, 2025
- Original Price:
- 2290000.0
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Listed by Pemberton Holmes Ltd.
Data was last updated May 7, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 88
- Avg list price:
- $1,450,000
- Min list price:
- $28,000
- Max list price:
- $6,900,000
- Avg days on market:
- 71
- Min days on market:
- 1
- Max days on market:
- 841
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email