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.
