845 PRINCESS VICTORIA

Central Park neighbourhood of Victoria British Columbia Canada V8T 1K7
$1,999,999

845 PRINCESS VICTORIA

  • Price: $1,999,999
  • MLS Number: 920807
  • Square Footage: 7427 Sq Ft
  • Property Type: Residential

You are invited to this rare opportunity to acquire the jewel at Central Park and Crystal Pool Recreation Centre. A 13 suite revenue & character apartment building, mere blocks to Downtown and on all bus routes. Corrected Current Gross Effective Income greater than $125,000. 4.0% Cap Rate; improved easily upon gentle stabilization. Professionally managed and meticulously cared for 5 1BR self contained suites and 7 studio and 1BR suites with shared amenities. Potential bonus density afforded by Schedule G bylaw. Coveted Legal, Non-Conforming Bonused FSR (Floor Space Ratio) allows up to 14 units. Cherished in a family portfolio for over 30yrs, this opportunity is now exclusively available to serious investors, alone. Request access to dropbox financials with a signed confidentiality agreement. All measurements to be verified. This one will earn well in any portfolio! Arrange viewings with 72hrs notice for tenants, please.


For more information on 845 PRINCESS VICTORIA
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Listing Brokerage: Royal LePage Coast Capital - Chatterton

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