$4,175,000
$4,500,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
1002 Pakington St Victoria, BC V8V 3A1
7,405 Sqft Lot
Key Details
Sold Price $4,175,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 867513
Sold Date 04/09/21
Rental Info Unrestricted
Annual Tax Amount $16,367
Tax Year 2020
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Centrally located in one of Victoria’s premier rental communities
• Walking distance to Cook Street Village, Ross Bay Village, Downtown and Dallas Road
• Close proximity to transit
• Below market rents provide ability to increase revenue on turnover
• 3 storey, 14 suite apartment building with 2 parking stalls and 2 storage units
• Excellent suite mix consisting of 1 bachelor, 7 one-bedroom and 6 two-bedroom suites
• Consistently 100% occupied
• 50% turnover experienced in the last 3 years
Location
Province BC
County Capital Regional District
Area Vi Fairfield West
Interior
Heating Baseboard, Natural Gas
Cooling None
Flooring Carpet, Hardwood, Linoleum
Exterior
Exterior Feature Balcony/Deck
Parking On Site 1
Total Parking Spaces 4
Building
Lot Description Central Location, Corner, Shopping Nearby
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood
Others
Tax ID 001-852-141
Ownership Freehold
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Bought with Engel & Volkers Vancouver Island