$15,300,000

Investment For Sale In North Quadra, Saanich, British Columbia

$15,300,000

Property Information:

Christmas Hill represents a rare chance to acquire a high performing, 40 unit multifamilyasset strategically positioned in one of Greater Victoria’s most established rental markets.Purpose built in 2003/2004 and professionally managed and maintained to an excellentstandard, the property offers a compelling blend of stability, scale, and unrealized upside.The combination of the attractive suite mix, building age, generous unit sized, and modern in suite amenities places Christmas Hill at a meaningful competitive advantage over both older, dated traditional apartment stock, and newer buildings with significantly smaller floor plans

Property Features:

  • Annual Tax Amount: $73,672
  • Building Features: Bike Storage, Elevator: Passenger, Fire Alarm, Fire Sprinklers
  • Construction Materials: Frame Wood
  • Exterior Features: Balcony/Deck
  • Floor Space (approx): 39328 Square Feet
  • Flooring: Carpet, Linoleum, Vinyl
  • Heating: Baseboard
  • Lot Features: Central Location
  • Lot Frontage: 40520 Square Feet
  • Lot Size: 0.93 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Utilities: Cable Available, Electricity Available, Recycling
  • Water Source: Municipal
  • Sewer:
  • No. of Parking Spaces: 54

Courtesy of: Devon Properties

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.