This opportunity allows potential investors to acquire a 100% ownership stake in Thornwood Manor, located at 1028 Inverness Rd in Greater Victoria. Thornwood Manor is a three-story apartment building situated in a prime location along Inverness Rd, positioned between Quadra St and Glasgow Ave. This offering presents a distinct chance to invest in a well-maintained, income-generating multi-family apartment building at the center of Greater Victoria, with significant potential for redevelopment. The property is surrounded by multi-family zoning, indicating favorable development prospects. Moreover, it's conveniently located, being just a 5-minute drive to Mayfair Mall and the uptown area of Victoria.
Address
1028 Inverness Rd
List Price
$4,999,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Saanich East
Sub-Area
SE Quadra
Lot Size
14880 Sq. Ft.
Lot Size (Acres)
0.34 Ac.
MLS® Number
945169
Listing Brokerage
Sutton Group West Coast Realty
Postal Code
V8X 2S1
Tax Amount
$21,000.00
Tax Year
2022
Amenities
Balcony, Rectangular Lot, See Remarks, Sidewalk
