Homes for sale - 1028 Inverness Rd, Saanich, BC V8X 2S1

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$4,999,000

Est. payment - /mo

0.34 Acres Lot

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UPDATED:

12/24/2024 12:14 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 945169

Rental Info Unrestricted

Annual Tax Amount $21,000

Tax Year 2022

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 98 ft wide

Property 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.

Location

Province BC

County Capital Regional District

Area Saanich East

Exterior

Exterior Feature Balcony

Building

Lot Description Rectangular Lot, Sidewalk, See Remarks

Others

Pets Allowed Yes

Tax ID 004-855-744

Ownership Freehold

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Listed by Sutton Group West Coast Realty

+1(250) 882-3335

alex@victoriahomes.com

1028 Inverness Rd Saanich, BC V8X 2S1