Victoria, BC
Details
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! Stay tuned for the viewing schedule coming in January 2023!
Latoria Walk – Colwood, BC
Details
735 sqft Multi-disciplinary Retail/Office/Clinic Commercial Strata at 102-627 Brookside Dr. in coveted Westcoast meets Tuscan three building strata development complex, constructed in 2008. See Floor Plans for functionality. Current layout sees an administrative office greeting clients through a large exercise flex room, leading to a large bathroom and two separate treatment rooms. Potential Live:Work scenario (Upon Strata Approval); pet friendly; and limited rental options per bylaws, attached. Dual entrance with Brookside commercial walk-up access to parking and pathway frontage. Prior-Approved Rough-ins for Laundry and completed HVAC improvements for added practitioner/principal/client comfort. Neighboring Red Barn Market & ideally located close to Olympic View Golf Course and the Royal Bay Community. Exciting opportunity to stake a claim in one of the fastest growing commercial corridors in Victoria. All measurements to be verified. Showings preapproved outside of operating hours.