$6,000,000

Victoria BC, V8V 3A6

MLS® # 1014085

Property Information:

Pleased to offer for sale a 100% interest in 1009 Fairfield Road, a turnkey 18-unit apartment building ideally situated just steps from Cook Street Village, Beacon Hill Park, Dallas Road waterfront, and downtown Victoria. Tucked away in a quiet, established neighborhood, the property offers the perfect blend of peaceful residential living and unbeatable access to key lifestyle amenities. 15 of the 18 units have been fully renovated, providing strong holding income from day one while still offering upside potential through the renovation of the remaining 3 units. Well maintained apartment building with little to no cap ex required. Designated as “Urban Residential” in the city of Victoria’s Official Community Plan, which supports a density of 2:1 FSR in locations of plan objective advancement.

Property Features:

Annual Tax Amount: $22,471
Floor Space (approx): 12907 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family

Courtesy of: Colliers

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.

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Market Price Trends

Location of 1009 Fairfield Rd, Victoria, BC, V8V 3A6

Lifestyle
Neighbourhood

Demographic Information of 1009 Fairfield Rd, Victoria, BC, V8V 3A6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$105,733.74

Average Number of Children

1.33

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.01 %

High school certificate or equivalent

24.55 %

Apprenticeship trade certificate/diploma

5.01 %

College/non-university certificate

19.58 %

University certificate (below bachelor)

2.18 %

University Degree

40.67 %

Commuter

Travel To Work

By Car

43.58 %

By Public Transit

11.57 %

By Walking

31.77 %

By Bicycle

9.69 %

By Other Methods

3.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.03 %

Houses

5.97 %

Own Vs. Rent