$4,999,000

Investment For Sale In Saanich Core, Saanich, British Columbia

$4,999,000

Property Information:

This opportunity allows potential investors to acquire a 100% ownership stake in Thornwood Manor, located at 1028 Inverness Rd in Greater Victoria. Thornwood Manor is a three-story apartment building situated in a prime location along Inverness Rd, positioned between Quadra St and Glasgow Ave. This offering presents a distinct chance to invest in a well-maintained, income-generating multi-family apartment building at the center of Greater Victoria, with significant potential for redevelopment. The property is surrounded by multi-family zoning, indicating favorable development prospects. Moreover, it's conveniently located, being just a 5-minute drive to Mayfair Mall and the uptown area of Victoria.

Property Features:

  • Annual Tax Amount: $21,000
  • Building Features: Laundry Room, Parking, Transit Nearby
  • Business Type: Accommodation
  • Exterior Features: Balcony
  • Lot Features: Rectangular Lot, Sidewalk, See Remarks
  • Lot Frontage: 14880 Square Feet
  • Lot Size: 14880.00 Square Feet
  • Ownership: Freehold
  • Property Sub Type: Multi Family
  • No. of Parking Spaces: 0

Courtesy of: Sutton Group West Coast Realty

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.