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$2,675,000

928 Bay St
MLS® NO: 907310

Description

This is an opportunity to purchase Parkview Apartments for the first time in 34 years. Located at 928 Bay Street, this fully occupied three storey apartment building is comprised of 2 two bedroom suites, 6 one bedroom suites, 3 one bedroom + den suite and 1 non-authorized one bedroom suite. The building has new windows and roofing installed in 2018, 2 gas hot water tanks (2017 + 2020) and separately metered hydro for each unit. With under market rents, development potential and a neighbourhood that is undergoing revitalization, the property offers significant future yield upside.

General

Property Type:Multi Family

Site Influences

Lot SqFt: 8,746
Acres: 0.20

Property Details

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Listed with:

Chris Rust
CBRE Limited
Phone: 250-386-0000

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.