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928 Bay St

Victoria, BC V8T 1R7
  • $2,675,000
  • STATUS: Active
  • ON SITE: 101 Days
  • MLS #: 907310
UPDATED: 47 min ago
$2,675,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Area:

Description

This is an opportunity to purchase Parkview Apartments for the first time in 34 years. Located at 928 Bay Street, this fully occupied three storey apartment building is comprised of 2 two bedroom suites, 6 one bedroom suites, 3 one bedroom + den suite and 1 non-authorized one bedroom suite. The building has new windows and roofing installed in 2018, 2 gas hot water tanks (2017 + 2020) and separately metered hydro for each unit. With under market rents, development potential and a neighbourhood that is undergoing revitalization, the property offers significant future yield upside.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pinnacle Homes Group | eXp Realty Victoria. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-10-02T10:22:06.503.
www.pinnaclehomesgroup.com/homes/130115818
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928 Bay St Victoria, BC V8T 1R7

  • Price: $2,675,000
  • Status: Active
  • On Site: 101 Days
  • Updated: 47 min ago
  • MLS #: 907310
0
Beds
0
Baths
0
½ Baths
0.2
Acres
Neighbourhood:
Vi Hillside
Area:
Victoria
School District:
Capital Regional District
Property Description
This is an opportunity to purchase Parkview Apartments for the first time in 34 years. Located at 928 Bay Street, this fully occupied three storey apartment building is comprised of 2 two bedroom suites, 6 one bedroom suites, 3 one bedroom + den suite and 1 non-authorized one bedroom suite. The building has new windows and roofing installed in 2018, 2 gas hot water tanks (2017 + 2020) and separately metered hydro for each unit. With under market rents, development potential and a neighbourhood that is undergoing revitalization, the property offers significant future yield upside.
Exterior Features

Entry Location Main Level Parking Features On Site Parking Total 5 View YN No Waterfront YN No

Interior Features

Fireplace YN No Heating YN No

Property Features

Existing Lease Type Sale Price Ownership Freehold Property Sub Type Multi Family Rental Allowed Unrestricted Tax Annual Amount 9992.34 Tax Jurisdiction City Of Victoria Tax Year 2021 Youngest Age Allowed 0

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Cbre Limited and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pinnacle Homes Group | eXp Realty Victoria. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-10-02T10:22:06.503.
 
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Pinnacle Homes Group | eXp Realty Victoria
1321 Blanshard St., Suite 301
Victoria BC, V8W 0B7