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- Status:
- Sold
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 979663
- Sold Date:
- Mar 10, 2025
- Year Built:
- 1912
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.
- Price:
- $1,650,000
- Property Type:
- Commercial Sale
- MLS® Num:
- 979663
- Status:
- Sold
-
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Data was last updated November 6, 2026 at 07:30 AM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $784,000
- Min list price:
- $25,000
- Max list price:
- $4,200,000
- Avg days on market:
- 90
- Min days on market:
- 4
- Max days on market:
- 499
These statistics are generated based on the current listing's property type
and located in
Vi Central Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Cameron Stewart
- Royal LePage Coast Capital - Chatterton
- 778-866-1066
- Contact by Email
Saanich
110-4460 Chatterton Way, Victoria, BC,
V8X 5J2
Oak Bay
108-1841 Oak Bay Ave., Victoria, BC,
V8R 1C4
West Shore
117-2854 Peatt Rd., Victoria, BC,
V9B 0W3
Mill Bay
114-2720 Mill Bay Rd., Mill Bay, BC,
V0R 2P1
Open by appointment
Sooke
6739 West Coast Rd., Sooke, BC,
V9Z 1G1
Sidney
3-2491 Bevan Ave., Sidney, BC,
V8L 1W2
MLS® DISCLAIMER
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2 All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2026 All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services.