This opportunity allows potential investors to acquire a 100% ownership stake in Thornwood Manor, located at 1028 Inverness Rd in Greater Victoria. Thornwood Manor is a three-story apartment building situated in a prime location along Inverness Rd, positioned between Quadra St and Glasgow Ave. This offering presents a distinct chance to invest in a well-maintained, income-generating multi-family apartment building at the center of Greater Victoria, with significant potential for redevelopment. The property is surrounded by multi-family zoning, indicating favorable development prospects. Moreover, it's conveniently located, being just a 5-minute drive to Mayfair Mall and the uptown area of Victoria.
| Address |
1028 Inverness Rd |
| List Price |
$4,999,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Multi Family |
| Area |
Saanich East |
| Sub-Area |
SE Quadra |
| Lot Size |
14880 Sq. Ft. |
| Lot Size Acres |
0.34 Ac. |
| MLS® Number |
945169 |
| Listing Brokerage |
Sutton Group West Coast Realty
|
| Postal Code |
V8X 2S1 |
| Tax Amount |
$21,000 |
| Tax Year |
2022 |
| Amenities |
Balcony, Rectangular Lot, See Remarks, Sidewalk |
