1028 Inverness Rd.

$4,999,000

Multi Family located in Saanich East - SE Quadra, V8X 2S1

sqft, Beds, Baths
  • 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.

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