928 Bay St

Victoria, BC, V8T 1R7

$2,675,000

$2,675,000 per ft²
$2,675,000
$2,675,000 per ft²
Active
Active
 - For Sale
carpenters-square
1 ft²
property_type
Commercial
This is an opportunity to purchase Parkview Apartments for the first time in 34 years. Located at 928 Bay Street, this fully occupied three storey apartment building is comprised of 2 two bedroom suites, 6 one bedroom suites, 3 one bedroom + den suite and 1 non-authorized one bedroom suite. The building has new windows and roofing installed in 2018, 2 gas hot water tanks (2017 + 2020) and separately metered hydro for each unit. With under market rents, development potential and a neighbourhood that is undergoing revitalization, the property offers significant future yield upside.
MLS® ID:
907310
Listed:
6/21/22
Updated:
9/30/22

Exterior/Building Features

Lot Size
8,746 ft² lot

Other Property Details

Area Name
Victoria
Taxes
$9992.34
Tax Frequency
per YEAR
Garage
No
Parking
On Site
Parking Total
5.0
View
N
County
Capital Regional District
Pool
No

Property History

Date
Event
Price
Value
7/11/22
Price Change
$2,675,000
-3%
6/29/22
Price Change
$2,775,000
-3%

 

Courtesy of CBRE Limited 

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ryan Cochrane shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.  Used under license.

Reciprocity Program

©2022 Vancouver Island Real Estate Board and Victoria Real Estate Board. All rights reserved.

the Victoria Real Estate Board

Contact