Multi Family located in Saanich East - SE Quadra, V8X 2S1
sqft, Beds, Baths
MLS #945169
Listed by Thomas HuSutton Group West Coast Realty
Listed by Thomas HuSutton Group West Coast Realty - Listed On: October 1, 2023
- Type: Commercial Sale
- Exterior Features: Balcony,
- Lot Size: 0.34 acres
- Features: Rectangular Lot, Sidewalk, See Remarks,
Description
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.