614 Esquimalt Rd, Victoria, British Columbia

$2,799,999

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0.29

Acres

About 614 Esquimalt Rd

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:6289)

Multi-family property for sale in Victoria, British Columbia at 614 Esquimalt Rd.

Features of 614 Esquimalt Rd

Listing # 1051464
Price $2,799,999
Bathrooms 0.00
Acres 0.29
Year Built 1969
Type Multi-family
Sub-Type Multi-Family

Community Information: Victoria West

Address 614 Esquimalt Rd
Subdivision Victoria West
City Victoria
Province British Columbia
Postal Code V9A3L4

Amenities of 614 Esquimalt Rd

Features Central location, Private setting, Irregular lot size, Other
Parking Spaces 12
View City view, Ocean view
Is Waterfront No
Has Pool No

Interior of 614 Esquimalt Rd

Heating Electric Baseboard heaters
Cooling None
Fireplace No
Has Basement No

Additional Information On 614 Esquimalt Rd

Zoning Unknown

Listing Details

OfficeColdwell Banker Universe Realty

Listing Map

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