Multi Family home located in Victoria West
MLS #1051464
Listed by Coldwell Banker Universe Realty
- Built in: 1969
- Type: Commercial Sale
- Cooling: None,
- Heating: Baseboard, Electric,
- Foundation Details: Concrete Perimeter,
- Lot Size: 0.29 acres
- Total Parking: 12
- Parking Features: On Site,
- Features: Adult-Oriented Neighbourhood, Central Location, Irregular Lot, Private, Shopping Nearby, Sidewalk,
- View: Array
Description
11-unit Victoria West apartment investment near West Bay. 9 one-bedroom suites approx. 600 SF + 2 two-bedroom suites approx. 750 SF. 2025 reported NOI $110,003 (3.93% cap at $2.8M). 9 occupied, 1 vacant + 1 under renovation offer lease-up upside. Illustrative full-occupancy NOI approx. $134,655 / 4.81% cap. LI-1 zoning with site-specific residential use permitted if constructed before Jan. 1, 1975. Full due diligence package available. 1.25% Buyer Agent Commission.