King Charles Apartments
Victoria, British Columbia
Building
Stats
- Property Type Multifamily - Low-Rise/Garden
- Year built 1965
- Building size (SF) 12,837
- Size (Ac) 0.33
- Price $6,200,000 CAD
Overview
The Avison Young Multi-Family Team is pleased to market
for sale King Charles Apartments located at 820 Cook Street, Victoria, BC (the “Property”). This 21-unit rental apartment is located in the highly desirable Fairfield neighbourhood offering convenient access to downtown Victoria, James Bay and an abundance of shopping, services and amenities within walking distance. The Property features a 14,473 sf lot designated Urban Residential (FSR: 2.0) offering an investor/developer future redevelopment potential up to 28,946 sf. Additionally, the Property offers significant rental upside to an investor accessible through natural tenant turnover. This is a superb investment opportunity in one of the most desirable rental markets in all of Canada.
