707 Courtney St - Apartments CONDO FOR SALE


Victoria, BC V8W 0A9
$4,810,000 CAD
604-630-0215
707 Courtney St, Victoria, BC for Sale
$4,810,000 CAD
Apartments CONDO - FOR SALE
1/5
null | Request Cap Rate

NEW


707 Courtney St
Victoria, BC V8W 0A9


HIGHLIGHTS

  • The Subject Property is offered at a price point well below its current replacement cost.
  • Located on Douglas Street (a key Trans-Canada Highway artery with over 14,900 vehicles per day).
  • Downtown (CBD) zoning is intentionally permissive, supporting a wide range of professional uses including medical, pharmacy, physiotherapy, wellness.
  • Located steps from the Inner Harbour and major landmarks, within a mixed-use development that includes 155 residential units.

OVERVIEW

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an owner-user to acquire a highly visible corner strata retail unit at 869 Douglas Street, Victoria, B.C. (the “Subject Property”). The Subject Property is a 6,417 SF ground floor corner strata lot, fronting Douglas Street (Highway 1 / Trans-Canada Highway) in downtown Victoria. The unit is priced well below replacement cost and further benefits from on-site shared parking, its location beneath The Falls (two residential towers totaling 155 residential units), and strong adjacent co-tenancies, Browns Socialhouse and 7-Eleven.

FOR SALE DETAILS

PRICE

$4,810,000 CAD

PRICE/SF

$750 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Falls

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

286,326 SF

STORIES

18

BUILDING CLASS

A

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CBD-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jon BuckleyMarcus & MillichapMore Info
604-630-0215

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Jon BuckleyMarcus & MillichapMore Info
604-630-0215

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