Saanich, BC V8X 2S1,1028 Inverness Rd
Saanich, BC V8X 2S1,1028 Inverness Rd
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Listed by Thomas Hu Sutton Group West Coast Realty
$4,999,000
Est. payment /mo
0.34 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 945169

HOA Y/N No

Annual Tax Amount $21,000

Tax Year 2022

Lot Size 0.340 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

Province BC

County Capital Regional District

Community Se Quadra

Area Saanich East

Exterior

Exterior Feature Balcony

View Y/N No

Garage No

Building

Lot Description Rectangular Lot, Sidewalk, See Remarks

Locker No

Others

Ownership Freehold


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