421 Vancouver St, Victoria BC V8V 3T4

421 Vancouver St, Victoria BC V8V 3T4 - Multi Family for Sale in Victoria, BC

This 0 bedroom, 0 bathroom multi family is listed for sale at $3,495,000 in Victoria, British Columbia. Built in 1912. Lot size: 7,405 sq ft (0.17 acres).MLS® #1029992.

Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST. Steps to BEACON HILL PARK, COOK STREET VILLAGE & the ICONIC DALLAS ROAD WATERFRONT. This 12 UNIT CHARACTER APARTMENT BUILDING has been meticulously maintained, extensively renovated & consistently updated by the owners over the past 2 decades, making this one of the finest turn-key buildings in the city!

This opportunity has the core components Investors are looking for when purchasing this type of asset. Excellent Return On Investment, 5.59% CAP with current Market Rents, Income Stability, Low Vacancy Risk, Location & Market Demand, Building Condition, Operational Efficiency and Long Term Appreciation. GRD-1 Apartment Zone.

8 One-Bedroom, 1 One-Bedroom & Loft & 3 Bachelor Units all separately metered with their own Heat & Hot Water, 11 Suites have In-Unit Laundry & Tenants enjoy shared Lawn & Garden Area plus individual storage lockers & bike storage.

Looking for homes for sale in Victoria? Browse Victoria real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the Vi Fairfield West neighborhood. Part of the Victoria area.