Derek Braaten
Sutton Group West Coast Realty
Your Trusted Partner in Victoria Real Estate since 2003. Contact me at (250) 889-1454 for all your property needs.
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 945169
- Photos (2)
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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
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- SE Quadra, Saanich East
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 14,880.103 sq. ft.
- Lot Details:
- 98 ft wide
- Taxes:
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- Building Features:
- Laundry Room, Parking, Transit Nearby
- Ceiling Heights:
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- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Balcony
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- District of Saanich (SD61)
- Legal Description:
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- Lot Site Features:
- Rectangular Lot, Sidewalk, See Remarks
- Total Parking Spaces:
- 0
- Business Type:
- Accommodation
- Total Units:
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- Date Listed:
- Oct 01, 2023
- Original Price:
- 4990000.0
-
Photo 1 of 2 -
Photo 2 of 2
Listed by Sutton Group West Coast Realty
Data was last updated October 25, 2024 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $1,049,000
- Min list price:
- $65,000
- Max list price:
- $5,500,000
- Avg days on market:
- 119
- Min days on market:
- 3
- Max days on market:
- 390
These statistics are generated based on the current listing's property type
and located in
Saanich East. Average values are
derived using median calculations.
- DEREK BRAATEN
- SUTTON GROUP WEST COAST REALTY
- 1 (250) 889-1454
- Contact by Email
Quick Links
Contact Me
Direct: (250) 889-1454
Office: (250) 479-3333
derekwbraaten@icloud.com
Head Office
103-4400 Chatterton Way
Victoria, BC, V8X 5J2