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.
Data was last updated October 30, 2024 at 12:05 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:
124
Min days on market:
8
Max days on market:
395
These statistics are generated based on the current listing's property type
and located in
Saanich East. Average values are
derived using median calculations.