BC > Victoria
Victoria, BC V8T 4G6,2312 Wark St
Victoria, BC V8T 4G6,2312 Wark St
Victoria, BC V8T 4G6,2312 Wark St
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Dallas King

Dallas King

+1(250) 858-5465
$2,250,000
Est. payment /mo
6,969 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1006685

Rental Info Unrestricted

Year Built 1912

Annual Tax Amount $9,382

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Property Description

2312 Wark Street is a 1912 building converted into an 8 legal suite apartment. This rental property is ideally situated in the North Park and Quadra-Hillside neighborhoods, just on the outskirts of Victoria's downtown. In 2016 there was a new concrete floor slab and foundation, new energy efficient gas boiler and hot water heater, new perimeter drainage system, and the construction of the 3 bedroom lower suite. There is secure bike storage and 10 on-site parking stalls with back alley access. Price reduced from $2,375,000 to $2,250,000 representing a 5.08% cap rate on stabilized, in place net income.

Location

Province BC

County Capital Regional District

Area Vi Central Park

Zoning R-2

Exterior

Parking On Site 1

Total Parking Spaces 10

Building

Story 3

Others

Tax ID 001-765-639

Ownership Freehold

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Listed by Colliers
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+1(250) 858-5465

dallas@victoriahomes.com

202-3440 Douglas St, Victoria, V8Z, 3L5, Canada

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