For Sale

1028 Inverness Road, Saanich, British Columbia V8X2S1

$4,999,000

1028 Inverness Road, Saanich, British Columbia V8X2S1 is For Sale and has a listing price of 4,999,000. The property is located in the neighbourhood. It's been on the website for 399 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • MLS ID: 945169
  • Office Name Sutton Group West Coast Realty
Property 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. (id:43137)

Property Details
  • MLS ID: 945169
  • Price: $4,999,000
  • Transaction Types: For Sale
  • Ref ID: 26131593
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
10/01/2023 945169 $4,999,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Saanich
  • $1,144,180 Average List Price
    based on 1 year
  • 46 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -9.2%
  • 3 Month Change -3.4%
  • 6 Month Change -8.1%
Walkscore
  • 85 Walk Score
    Very Walkable
  • 70 Transit Score
    Excellent Transit
  • 85 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    69.62%
  • Commercial
    4.15%
  • Condo
    25.6%
  • Land for Sale
    0.63%
Additional Details
  • Property Features Other, See Remarks, Rectangular
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 01/10/2023 00:00:00
  • Agent Name: Thomas Hu
  • Last Updated: 24/12/2024 01:27:06
Open House Dates
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