742 Lampson St, Esquimalt, BC V9A 6A6
742 Lampson St, Esquimalt, BC V9A 6A6
742 Lampson St, Esquimalt, BC V9A 6A6
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Listing by Marc Foucher Colliers
$7,650,000
Est. payment /mo
1 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $7,650,000

MLS Listing ID 1050998

HOA Y/N No

Annual Tax Amount $42,634

Tax Year 2026

Property Sub-Type Multi Family

Property Description

Pleased to offer for sale Rockheights Villa, a 31-unit value-add apartment building in Esquimalt featuring a highly desirable suite mix of 28 two-bedroom suites and 3 one-bedroom suites. Generous surface parking accommodates both tenants and visitors, enhancing convenience and tenant appeal. Current average rents are below $1,400 per month, providing meaningful rental upside as suites turn over. Additional revenue opportunities may also exist through the conversion of the existing manager's office and/or storage areas into additional residential suites, as well as the potential conversion of the large, decommissioned pool room into multiple units. Ideally situated in Esquimalt, the property offers immediate access to shopping, restaurants, services, and major transportation routes. Its proximity to key commercial areas, employment centres, and everyday amenities supports strong long-term rental demand and provides a stable investment opportunity.

Location

Province BC

County Capital Regional District

Community Es Esquimalt

Area Esquimalt

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Garage No

Others

Ownership Freehold


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