Main Photo: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
Photo 1: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
Photo 2: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
945169
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.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Business, Land
Lease Type:
Sale of Assets
Listing General Location:
SE Quadra, Saanich East
Bathrooms:
- (Full:-/Half:-)
Lot Size:
14,880.103 sq. ft.
Lot Details:
98 ft wide
Building Features:
Laundry Room, Parking, Transit Nearby
Fireplace:
No
Balcony
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
District of Saanich (SD61)
Lot Site Features:
Rectangular Lot, Sidewalk, See Remarks
Total Parking Spaces:
0
Business Type:
Accommodation
Date Listed:
Oct 01, 2023
Original Price:
4990000.0
  • Photo 1: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
    Photo 1 of 2
  • Photo 2: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
    Photo 2 of 2
Listed by Sutton Group West Coast Realty
Data was last updated July 21, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$970,000
Min list price:
$35,000
Max list price:
$13,500,000
Avg days on market:
88
Min days on market:
19
Max days on market:
313
These statistics are generated based on the current listing's property type and located in Saanich East. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.