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$ 1,580,000
Est. payment /mo
Active
1002 Balmoral Rd Victoria, BC V8T 1A8
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 989935
Rental Info Unrestricted
Annual Tax Amount $6,007
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Multi Family
Property Description
The opportunity exists to acquire a 100% interest in a five-unit rental property with potential for redevelopment in the City of Victoria on a +/-8,795 SF lot. Designated as “Housing Opportunity” in the City of Victoria's Official Community Plan, which permits density of up to 2.5:1 FSR for development projects where there is a substantial public benefit. Centrally located on the outskirts of Downtown Victoria with easy access to main bus routes along both Vancouver Street and Cook Street. Amenity rich location steps away from numerous coffee shops, restaurants, grocery stores, fitness studios, Save on Foods Memorial Centre, Royal Athletic Park and many others. The property is improved with two well maintained houses, with a combined 5 rental units.
Location
Province BC
County Capital Regional District
Area Vi Fernwood
Zoning R-2
Exterior
Parking On Site 1
Others
Tax ID 001-463-276
Ownership Freehold
Listed by Colliers