421 Vancouver St
Victoria, BC V8V 3T4

$3,495,000

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Listing Details

$3,495,000
MLS# 1029992
Type Multi Unit - Multiple
Status Active

0.170 acres
Lot Size
1912
Year Built

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Listed By

Agency Name: DFH Real Estate Ltd.
Agency Phone: (250) 477-7291
Agent Name: Ron Cunningham-Cunningham Christenson Property Group

Home Value Estimate

Description

Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST. Steps to BEACON HILL PARK, COOK STREET VILLAGE & the ICONIC DALLAS ROAD WATERFRONT. This 12 UNIT CHARACTER APARTMENT BUILDING has been meticulously maintained, extensively renovated & consistently updated by the owners over the past 2 decades, making this one of the finest turn-key buildings in the city! This opportunity has the core components Investors are looking for when purchasing this type of asset. Excellent Return On Investment, 5.59% CAP with current Market Rents, Income Stability, Low Vacancy Risk,...read more

Features

Property Type: Multi Unit - Multiple
Building Features: Bike Storage, Fire Alarm, Shopping Nearby, Storage Room
Exterior: Stucco
Exterior Features: Balcony, Fencing: Partial
Flooring: Carpet, Hardwood, Tile, Vinyl
Heating: Baseboard
Lot Description: Central Location, Corner Lot, Curb & Gutter, Easy Access, Landscaped, Level, Sidewalk
Lot Size: 0.17 Acres
Parcel#: 009325735
Parking: On Site
Parking Notes: On Site
Road Surface: Paved
Sewer: Sewer Connected
Stories: 3.0
Taxes: $12,696
Units: 12
Units in Community: 12
Water: Municipal
Year Built: 1912