Victoria, BC V8V 3A1,1002 Pakington St
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Victoria, BC V8V 3A1,1002 Pakington St
Victoria, BC V8V 3A1,1002 Pakington St
Victoria, BC V8V 3A1,1002 Pakington St
Victoria, BC V8V 3A1,1002 Pakington St

$4,175,000

Est. payment /mo

$4,500,000

7.2%
Est.Price: ?

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1002 Pakington St Victoria, BC V8V 3A1

7,405 Sqft Lot

SOLD DATE : 04/09/2021

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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Listed by Devon Properties
Bought with Engel & Volkers Vancouver Island

Cameron Doyle

Advisor | License ID: 5284

+1(250) 889-6137

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