About 845 Princess Ave
You are invited to this rare opportunity to acquire the jewel at Central Park and Crystal Pool Recreation Centre. A 13 suite revenue & character apartment building, mere blocks to Downtown and on all bus routes. Corrected Current Gross Effective Income greater than $157,000+. Offered at 6.3% Cap Rate; improved further upon gentle stabilization. Professionally managed and meticulously cared for 5 1BR self contained suites and 7 studio and 1BR suites with shared amenities. Potential bonus density afforded by Schedule G bylaw. Coveted Legal, Non-Conforming Bonused FSR (Floor Space Ratio) allows up to 14 units. Cherished in a family portfolio for over 30yrs, this opportunity is now exclusively available to serious investors, alone. Request access to dropbox financials with a signed confidentiality agreement. All measurements to be verified. This one will earn well in any portfolio! Arrange viewings with 72hrs notice for tenants, please.
Commercial Sale home for sale in Victoria, BC at 845 Princess Ave. This Commercial Sale home is priced at $234/sqft
Amenities of 845 Princess Ave
| Utilities |
Cable To Lot, Electricity To Lot, Garbage, Natural Gas To Lot
|
| Parking Spaces |
4
|
| View |
City
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior of 845 Princess Ave
| Heating |
Hot Water, Oil, Mixed
|
| Fireplace |
No
|
| # of Stories |
3
|
Exterior of 845 Princess Ave
| Exterior Features |
Balcony/Patio, Security System
|
| Construction |
Concrete, Frame Wood, Wood
|
| Foundation |
Poured Concrete, Slab
|
Listing Details of 845 Princess Ave
| Office | Royal LePage Coast Capital - Chatterton |
|---|
Map To 845 Princess Ave, Victoria
