1069 Southgate St - Apartments FOR SALE


Victoria, BC V8V 2Z1
$3,135,000 CAD
250-386-0004
1069 Southgate St, Victoria, BC for Sale
$3,135,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

1069 Southgate St
Victoria, BC V8V 2Z1


HIGHLIGHTS

  • Located steps from Cook Street Village and neighborhood amenities.
  • Fully occupied apartment property with 12 residential suites.
  • Includes secure bicycle storage, garages, and off-street parking.
  • Features preserved vintage architectural details and character elements.
  • Situated near Beacon Hill Park, the waterfront, and Downtown Victoria.
  • Offers significant rental income upside through below-market rents.

OVERVIEW

Presenting for sale 1069 Southgate Avenue in Victoria, BC. This exceptionally-well maintained vintage apartment, named Casa Verde, features 12 residential suites. Situated steps from Cook Street Village, this ideally located multi-family property offers tenants an unmatched blend of village style amenities and proximity to iconic waterfront parklands, all while only minutes from Downtown Victoria. With under market rents (61% spread to market) owners will benefit from income upside in a neighbourhood with extremely high rental demand.

FOR SALE DETAILS

PRICE

$3,135,000 CAD

PRICE/SF

$334 CAD /SF

# OF UNITS

12

PRICE/UNIT

$261,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,480 SF

ZONING

R3-A1

APN/PARCEL ID

009-325-964

ASK ABOUT THIS PROPERTY

Ross Marshall, PRECCBRE, LimitedMore Info
250-386-0004

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Ross Marshall, PRECCBRE, LimitedMore Info
250-386-0004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.