421 Vancouver Street, Victoria, BC, V8V 3T4

Property Details: - Type: Multi Family - Bedrooms: 0 - Bathrooms: 0 - MLS#: 1029992 Listed By: DFH REAL ESTATE LTD.

Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST. Steps to BEACON HILL PARK, COOK STREET VILLAGE & the ICONIC DALLAS ROAD WATERFRONT. This 12 UNIT CHARACTER APARTMENT BUILDING has been meticulously maintained, extensively renovated & consistently updated by the owners over the past 2 decades, making this one of the finest turn-key buildings in the city! This opportunity has the core components Investors are looking for when purchasing this type of asset. Excellent Return On Investment, 5.59% CAP with current Market Rents, Income Stability, Low Vacancy Risk, Location & Market Demand, Building Condition, Operational Efficiency and Long Term Appreciation. GRD-1 Apartment Zone. 8 One-Bedroom, 1 One-Bedroom & Loft & 3 Bachelor Units all separately metered with their own Heat & Hot Water, 11 Suites have In-Unit Laundry & Tenants enjoy shared Lawn & Garden Area plus individual storage lockers & bike storage. This multi family home located at 421 Vancouver Street, Victoria is currently for sale and has been available on Zolo.ca for 6 days. This property is listed at $3,495,000 with an estimated mortgage of $12,864* per month. It has beds, bathrooms, and is 5,545 square feet. The property was built in 1912. 421 Vancouver Street, Victoria is in the Fairfield West neighborhood Victoria.