Phone: 250-888-5538
Email: deedrie@deedrieballard.com
My Office: RE/MAX Camosun
Address: 2239 Oak Bay Ave
Victoria, BC, V8R 1G4
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 999397
- Year Built:
- 1912
- Photos (7)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
This 8 unit character rental building is located at 2312 Wark Street which is in one of Victoria's most charming residential heritage neighbourhoods. The suite mix includes one (1) studio, five (5) one-bedroom suites, one (1) two-bedroom suite, and one (1) three bedroom suite. There are 10 on-site parking stalls. Extensive building work was undertaken in 2016 which included concrete foundation floor, perimeter drainage system, and new energy efficient gas boiler. The cap rate based on the asking price and in-place income is 4.80% . For further details, please see the attached marketing brochure.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Year built:
- 1912 (Age: 113)
- Lease Type:
- Sale Price
- Listing General Location:
- Vi Central Park, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,050 sq. ft.
- Taxes:
- $8,061 / 2024
- Number of Storeys:
- 3
- Total Building Area:
- 4,309 sq. ft.
- Leasable Area:
- 4,309 sq. ft.
- Commercial Area:
- Downtown
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 1773000.0
- Assessment year:
- 2025
- Gross Income:
- 159547.0
- Net Operating Income:
- 113934.0
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Lot 12, Block 5, Plan VIP804, Section 3, Victoria District
- Zoning:
- R-2
- Legal Non-Conformance:
- No
- Units in Building:
- 8
- Units in Community:
- 8
- Occupancy:
- Tenant
- Parking Features:
- On Site
- Total Parking Spaces:
- 10
- Total Units:
- 8
- Date Listed:
- May 08, 2025
- Original Price:
- 2375000.0
-
Photo 1 of 7 -
Photo 2 of 7
-
Photo 3 of 7
-
Photo 4 of 7
-
Photo 5 of 7
-
Photo 6 of 7
-
Photo 7 of 7
To access this listing,
please create a free account
please create a free account
Listed by Colliers
Data was last updated May 14, 2025 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 90
- Avg list price:
- $1,387,500
- Min list price:
- $28,000
- Max list price:
- $6,700,000
- Avg days on market:
- 72
- Min days on market:
- 1
- Max days on market:
- 849
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- DEEDRIE BALLARD
- RE/MAX CAMOSUN
- 1 (250) 7443301
- Contact by Email