908 Cook St, Victoria, BC, V8V 3Z3

$6,825,000

MLS® # 954257

Investment For Sale In Fairfield, Victoria, British Columbia

$6,825,000

Property Information:

FIRST TIME ON MARKET! Single family owned and operated. This 25 unit apartment is located in the highly desireable Fairfield/Cook neighborhood. Offering quick access to downtown Victoria. Offering convenient access to shopping, bus service and ammenities. The property features a 14,400 sq ft corner lot, designated R2-AM-1 Multi Family and situated on the corner of Cook and Burdett. Building has been well maintained for its entire life. Grounds and gardens are well kept with new front walk. Laundry room includes coin operated machines. Bright and clean sunroom on rooftop with deck. 908 Cook Street offers an investor/developer a future redevelopement potential. This property offers significant rental upside for an investor through natural tenant turnover of mostly senior tenants. An rare investment opportunity in one of Canada's most desireable real estate markets.

Inclusions: Parking

Property Features:

  • Annual Tax Amount: $28,706
  • Building Features: Elevator: Passenger, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby, See Remarks
  • Built in: 1963
  • Construction Materials: Concrete, Frame Wood, Stucco & Siding
  • Exterior Features: Fencing: Partial, Garden
  • Floor Space (approx): 20366 Square Feet
  • Flooring: Carpet, Hardwood, Vinyl
  • Foundation Details: Concrete Perimeter
  • Heating: Hot Water
  • Inclusions: Parking
  • Lot Features: Central Location, Corner Lot, Easy Access, Landscaped
  • Lot Frontage: 14400 Square Feet
  • Lot Size: 14400.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi Family
  • Utilities: Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
  • Water Source: Municipal
  • Zoning: R3-AM-1
  • Sewer:
  • No. of Parking Spaces: 19

Courtesy of: The Agency, Day Team Realty Ltd

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.

Additional Photos