1165 Meares St, Victoria, BC, V8V 3J9

MLS® # 942092

Investment For Sale In Fairfield, Victoria, British Columbia

$3,725,000

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1165 Meares St, Victoria, BC - Outdoor With View

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1165 Meares St, Victoria, BC, V8V 3J9

$3,725,000

Property Information:

Pleased to offer for sale 1165 Meares Street, a completely rebuilt eleven (11) unit apartment building in one of Victoria’s most sought after neighborhoods. This primely located building underwent significant renovations throughout the entire building in 2009 providing investors with a hands-off investment opportunity. The subject property is centrally located within walking distance to the ocean, schools, cafes, grocery stores, and downtown Victoria. Features: - Favorable suite mix with five 2-bedroom units and six 1-bedroom units - Centrally located within walking distance to the ocean, schools, cafes, grocery stores, and downtown Victoria - Convenient and easy access to transit routes along Fort Street - Great upside upon tenant turnover (rents are currently below market).

Property Features:

Annual Tax Amount: $10,897
Built in: 1961
Floor Space (approx): 1 Square Feet
Lot Frontage: 7200 Square Feet
Lot Size: 7200.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Zoning: R3-AM-1
No. of Parking Spaces: 7

Courtesy of: Colliers

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.

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Market Price Trends

Location of 1165 Meares St, Victoria, BC, V8V 3J9

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Exteme

hot days expected in 2050

None/100

Exteme

ClimateCheck®

Current data

This property, 1165 Meares St , experiences hot days per year at around None degrees Celsius.

Projected data

Severe heat risk is expected to decrease in this area. In 2050, it is projected that there will be hot days at None degrees Celsius.

Projected Avg. Temperature

Past

None℃

2050

None℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

None storms expected in 2050

None/100

Exteme

ClimateCheck®

Current data

This property, 1165 Meares St , experiences None significant 2-day storms per year, with about Nonemm of precipitation per storm.

Projected data

Severe storms are expected to decrease in this area. In 2050, it is projected that there will be None significant 2-day storms with Nonemm of precipitation per year.

Precipitation Per Storm

Past

Nonemm

2050

Nonemm

48-Hour Storms Per Year

Past

None

2050

None

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1165 Meares St, Victoria, BC, V8V 3J9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$94,027.39

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.7 %

High school certificate or equivalent

26.18 %

Apprenticeship trade certificate/diploma

5.66 %

College/non-university certificate

16.45 %

University certificate (below bachelor)

1.98 %

University Degree

37.44 %

Commuter

Travel To Work

By Car

45.83 %

By Public Transit

15.11 %

By Walking

26.56 %

By Bicycle

8.34 %

By Other Methods

4.15 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.2 %

Houses

10.68 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 1165 Meares St, Victoria, BC, V8V 3J9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1165 Meares St, Victoria, BC, V8V 3J9

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1165 Meares St, Victoria, BC, V8V 3J9

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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