493 Burnside Rd E, Victoria BC V8T 2X3
$7,750,000
00
493 Burnside Rd E, Victoria BC V8T 2X3 - Mixed Use for Sale in Victoria, BC
This 0 bedroom, 0 bathroom mixed use is listed for sale at $7,750,000 in Victoria, British Columbia. Built in 1972. Lot size: 22,651 sq ft (0.52 acres).MLS® #1034455.
Devon Properties is pleased to present a unique opportunity to acquire a 100% interest in Midtown Mews - a prominently located mixed-use multifamily investment offering situated in Victoria’s thriving Burnside neighbourhood. Comprised of 24 residential units and 6 ground-floor commercial retail units, the property benefits from a history of stable rental income. Strategically positioned off Burnside Road East and Finlayson Street, Midtown Mews enjoys strong exposure and connectivity between the Saanich Core and Downtown Victoria.
Renovated in 2010, a majority of suites feature in-suite laundry. Spanning three storeys, the building offers a favourable mix of bachelor, one- and two- bedroom units appealing to a diverse and stable tenant base. With strong in-place income and clear potential for future rental growth, Midtown Mews presents a rare opportunity to acquire a stable, income-producing asset
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$7,750,000
For Sale
1 / 5
493 Burnside Rd E, Victoria BC V8T 2X3
Victoria, BC V8T 2X3
MLS® #1034455
Devon Properties
0beds
0baths
1972
Property Details
Burnside Rd E Market Report
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View Burnside Rd E Market ReportDescription
Devon Properties is pleased to present a unique opportunity to acquire a 100% interest in Midtown Mews - a prominently located mixed-use multifamily investment offering situated in Victoria’s thriving Burnside neighbourhood. Comprised of 24 residential units and 6 ground-floor commercial retail units, the property benefits from a history of stable rental income. Strategically positioned off Burnside Road East and Finlayson Street, Midtown Mews enjoys strong exposure and connectivity between the Saanich Core and Downtown Victoria.
Renovated in 2010, a majority of suites feature in-suite laundry. Spanning three storeys, the building offers a favourable mix of bachelor, one- and two- bedroom units appealing to a diverse and stable tenant base. With strong in-place income and clear potential for future rental growth, Midtown Mews presents a rare opportunity to acquire a stable, income-producing asset
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$40,250
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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Property Location
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