Bought with Vic Sandhar Macdonald Commercial Real Estate Services Ltd
$3,075,000
$3,300,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 04/30/2026
Key Details
Sold Price $3,075,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 995451
Sold Date 04/30/26
HOA Y/N No
Year Built 1958
Annual Tax Amount $16,500
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Multi Family
Property Description
The Avison Young Mulit-Family team is pleased to market for sale 1401 Fort Street, Victoria, BC (the "Property"). This thirteen (13) unit rental apartment is located in the highly desirable Rockland neighborhood offering convenient access to downtown Victoria, Oak Bay and an abundance of shopping, services and amenities within walking distance.
The Property features a 10,222 square foot lot designated Urban Residential (FSR:2.0) offering an investor/developer future redevelopment potential up to 20,444 square feet. Additionally, the Property offers significant rental upside to an investor accessible through natural tenant turnover.
This is a superb investment opportunity in one of the most desirable rental markets in all of Canada.
Location
Province BC
County Capital Regional District
Community Vi Rockland
Area Victoria
Zoning R3-AM-2
Interior
Heating Other
Fireplace No
Exterior
Parking Features On Site
Garage Spaces 7.0
View Y/N false
Street Surface Paved
Total Parking Spaces 7
Garage No
Building
Lot Description Easy Access
Water Municipal
Others
Ownership Freehold
Acceptable Financing Clear Title
Listing Terms Clear Title
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