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1028 Inverness Rd, Saanich, BC V8X 2S1

  • $4,999,000
  • $4,990,000
1028 Inverness Rd, Saanich, BC V8X 2S1
  • Multi Family
  • Property Type
For Sale
1028 Inverness Rd, Saanich, BC V8X 2S1
  • $4,999,000
  • $4,990,000

Overview

Property ID: 387629
  • Multi Family
  • Property Type

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.

  • Address 1028 Inverness Rd
  • City SAANICH
  • Province BC
  • Postal Code V8X 2S1
  • Area Saanich East
  • Country Canada

Details

Updated on August 24, 2024 at 10:18 am
  • Property ID: 387629
  • Price: $4,999,000
  • Land Area: 0.34 m²
  • Property Type: Multi Family
  • Property Status: For Sale
  • MLS#: 945169
  • Brokerage: SUTTON GROUP WEST COAST REALTY
  • Agent Name: Thomas Hu
  • MLS Status: Active
  • District: Capital Regional District
  • Land Size: 14880.00

Additional details

  • List Date: 2023-10-01
  • List Office MLSID: 136
  • List Agent MLSID: 5042
  • Property Type: Commercial Sale
  • Tax Annual Amount: 21000.00
  • Tax Assessed Value: 4246000
  • Tax Assessed Year: 2023
  • Tax Book Number: 680594000
  • Tax Jurisdiction: District of Saanich (SD61)
  • Tax Legal Description: Lot A, Plan VIP1781, Section 63, Victoria Land District, (DD 241556I)
  • Tax Year: 2022
  • Lot Features: Rectangular Lot,Sidewalk,See Remarks
  • Exterior Features: Balcony

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