Victoria · Commercial Sale · MLS® 1051464

614 Esquimalt Rd, Victoria

$2,799,999
1969Year Built
8Days on Market

About this property

11-unit Victoria West apartment investment near West Bay. 9 one-bedroom suites approx. 600 SF + 2 two-bedroom suites approx. 750 SF. 2025 reported NOI $110,003 (3.93% cap at $2.8M). 9 occupied, 1 vacant + 1 under renovation offer lease-up upside. Illustrative full-occupancy NOI approx. $134,655 / 4.81% cap. LI-1 zoning with site-specific residential use permitted if constructed before Jan. 1, 1975. Full due diligence package available. 1.25% Buyer Agent Commission.

Features & details

DDF Property Type Multi-family
Building Type Multi-Family
View City view, Ocean view
Land Size 12,820 sq ft
Construction Date 1969
Feature Central location
Feature Private setting
Feature Irregular lot size
Feature Other
Property Type Multi Family
Heating Baseboard,Electric
Cooling None
Parking Spaces 12
Water Source Municipal
Sewer Sewer Connected
Flooring Carpet,Wood
Foundation Poured Concrete

Location

Brokerage Brokerage information is provided by the MLS® feed when available. Information is deemed reliable but not guaranteed.