971 Market St, Victoria, BC V8T 4Z3
971 Market St, Victoria, BC V8T 4Z3
971 Market St, Victoria, BC V8T 4Z3
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Alex Burns

Alex Burns

+1(250) 882-3335
Listing by Carey Buntain Avison Young Commercial Real Estate Services, LP
$8,900,000
Est. payment /mo
24,344 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,344 sqft

Price per Sqft $365

MLS Listing ID 1050261

HOA Y/N No

Year Built 1977

Annual Tax Amount $47,435

Tax Year 2026

Property Sub-Type Multi Family

Property Description

The Avison Young Multi-Family Team is pleased to present North Hill Apartments, a well-maintained 33-unit rental apartment building with one office unit in Victoria's Quadra Village neighbourhood. Situated on a 26,100-sf corner site, the Property has benefited from approximately $530,000 in capital improvements since 2022 including 19 fully renovated suites with dishwashers and stainless-steel appliances. North Hill Apartments features a superior suite mix of 18 one-bedroom & 15 two-bedroom suites with an average suite size of 721 sf. The Property offers a very strong going-in yield with the opportunity to save on Property Transfer Tax through a bare trust share sale.

Location

Province BC

County Capital Regional District

Community Vi Hillside

Area Victoria

Interior

Heating Baseboard

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Garage No

Building

Water Municipal

Others

Ownership Freehold

Acceptable Financing Clear Title

Listing Terms Clear Title

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

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Alex Burns

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+1(250) 882-3335

info@victoriahomes.com

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

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