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$2,799,999

614 Esquimalt Rd
MLS® NO: 1051464

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.

General

Taxes: 13530.5
Year Built: 1969

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Building Details

Building Features: Bike Storage, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room
Heat: Baseboard, Electric

Lot Information

SqFt: 12820
Acres: 0.29
Lot Features: Adult-Oriented Neighbourhood, Central Location, Irregular Lot, Private, Shopping Nearby, Sidewalk
Water: Municipal
Waste: Sewer Connected
Parking: 12

Property Details

Building Type:
Municipality: Victoria West
Sq. Feet: 12,820

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.