Opportunity to acquire a 37 unit well maintained apartment building in the Burnside neighborhood in Victoria. Building constructed in 1976 and offers large 1 and 2 bedroom suites all offering large exterior balconies. Units are on average 65% below CMHC market rents offering significant revenue upside. All 2 bedroom suites have dishwashers and rare walk in closets. Opportunity to buy the shares of the Bare Trust Corp. (27564605)
Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Mayfair
Annual Property Taxes
$40,986 (CAD)
Time on REALTOR.ca
81 days
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