Pleased to offer for a sale a 100% interest in Sparwood Apartments, a 20-unit apartment building well located in Saanich. This well maintained apartment building sits on a large +/- 20,210 square foot lot, fronting onto Carey Road, providing tenants with quick access to the Uptown Shopping Centre, and the Pat Bay Highway, one of Victoria’s main highways running north-south from Downtown Victoria to the Swartz Bay ferry terminal. Investment highlights include; • Tenants pay their own heat and hot water, significantly reducing owner expenses • Below market rents provide significant upside in income on tenant turnover • Updated vinyl windows and doors throughout the building • 28 surface parking stalls on site • Coin operated laundry on site, two (2) washers and two (2) dryers (28210543)
Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
West Saanich
Annual Property Taxes
$21,240.61 (CAD)
Time on REALTOR.ca
106 days
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