VICTORIA

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885 Old Esquimalt Rd
Es Old Esquimalt Esquimalt V9A 4W9

$6,950,000
Commercial Sale built: 1972

Main Photo: 885 Old Esquimalt Rd in Esquimalt: Es Old Esquimalt Multi Family for sale (Victoria)  : MLS®# 903140
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
903140
Year Built:
1972
Great investment opportunity! Well managed 25 units rental apartment building. 8 two bedrooms, 11 one bedroom and 6 bachelor suites.Total 34 parks and 19 are covered carport parks. Separate hydro meters in all units and the tenants pay heat and hydro. Very convenient location close to downtown, schools, parks and bus route. Call for more information.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Year built:
1972 (Age: 50)
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Es Old Esquimalt, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.542 acre(s)
Taxes:
Building Features:
Elevator: Freight, Fire Alarm, Fire Sprinklers, Laundry Room, Parking, Security System, Shopping Nearby, Transit Nearby, See Remarks
Construction:
Brick, Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco
Foundation:
Concrete Perimeter
Number of Storeys:
4
Ceiling Heights:
Floor finish:
Carpet, Linoleum
Total Building Area:
21,180 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Parking
Balcony, Fenced, Security System
City
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Township of Esquimalt
Legal Description:
Zoning:
RM-4 Multi Family
Units in Building:
Units in Community:
Other Equipment:
Security System
Occupancy:
Tenant
Utilities:
Cable Available, Natural Gas Connected
Lot Site Features:
Central Location, Cleared, Family-Oriented Neighbourhood, Landscaped, Level, Quiet Area, Serviced
Parking Features:
On Site
Total Parking Spaces:
34
Road Frontage Type:
Street
Business Type:
Accommodation
Total Units:
Date Listed:
May 13, 2022
Original Price:
6950000.0
  • Photo 1: 885 Old Esquimalt Rd in Esquimalt: Es Old Esquimalt Multi Family for sale (Victoria)  : MLS®# 903140
    Photo 1 of 1
Listed by Pemberton Holmes - Cloverdale
Data was last updated May 28, 2022 at 07:30 AM (UTC)
Area Statistics
Listings on market:
70
Avg list price:
$320,000
Min list price:
$39,900
Max list price:
$11,900,000
Avg days on market:
79
Min days on market:
3
Max days on market:
724
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
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.