Space
Finished area and layout
- Building Area
- 7,446 sqft
7,446 sqft
Building Area
12,820 sqft
Lot
1969
Year Built
12
Parking
Property Snapshot
Key details for this listing
MLS #1051464
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Year Built
- 1969
Lot
Land, frontage and setting
About This Property
This multi-family in Victoria offers 7,446 sqft of building area on a 12,820 sqft lot. Built in 1969. The property has lot dimensions of 12820, zoned Unknown. The home features baseboard heaters, electric heating, none.
MLS Remarks
LOFT 614 | WEST BAY · VICTORIA WEST – 11-unit income-producing apartment building offered at $2.8M in an exceptional Victoria West location near West Bay and the harbour waterfront. Suite mix includes 9 one-bedroom apartments approx. 600 SF each + 2 two-bedroom apartments approx. 750 SF each. Currently 9 occupied, 1 vacant and 1 under renovation, creating immediate lease-up and income-growth potential. 2025 reported NOI approx. $110,003, representing a 3.93% cap rate. Based on supplied scheduled rents and tax-adjusted expenses, illustrative full occupancy produces approx. $134,655 NOI / 4.81% cap. Approx. 7,446 SF building with 12 parking spaces reported, shared laundry, lockers and bike storage. LI-1 zoning with site-specific residential permission for 614 Esquimalt if constructed before Jan. 1, 1975. Income today. Upside tomorrow. Own a piece of Victoria West. Buyer to verify all information. Due diligence package available. (id:60351)
Full Listing Details
Address614 Esquimalt Rd
MLS#1051464
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market23
Common InterestFreehold
Annual Tax$13,531
Parking12
Structure TypeMulti-Family
AttachedAttached
StyleMultiplex
Year Built1969
CityVictoria
ProvinceBritish Columbia
Postal CodeV9A3L4
Lot Size12,820 sqft
Lot Dimensions12820
Lot FeaturesCentral location, Private setting, Irregular lot size, Other
ZoningUnknown
Total Parking12
HeatingBaseboard heaters, Electric
CoolingNone
ViewCity view, Ocean view
SecurityFire alarm system
Annual Tax$13,531
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