Victoria, BC V8W 1S8,681 Herald St
Victoria, BC V8W 1S8,681 Herald St
Victoria, BC V8W 1S8,681 Herald St
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Bonita Bai

Bonita Bai

+1(250) 386-8875
$4,200,000
Est. payment /mo
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1023363

Rental Info Unrestricted

Annual Tax Amount $16,683

Tax Year 2025

Property Sub-Type Multi Family

Property Description

Pleased to offer for sale a 100% interest in 681 Herald Street, a 17-unit apartment building located on the edge of Victoria's downtown core at an approximate +/-4.5% cap rate. Originally constructed as a motel and restaurant, the property has been extensively renovated and converted into residential use, offering a rare opportunity to acquire a turnkey multifamily asset in a highly central location. This well maintained apartment building features 16 bachelor suites, and one two-bedroom suite, with shared coin operated laundry available on-site. Efficiently run building with minimal common area costs, no elevator, and low ongoing maintenance requirements.

Location

State BC

County Capital Regional District

Area Vi Downtown

Exterior

Parking On Site 1

Others

Tax ID 009-375-767

Ownership Freehold

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Listed by Colliers
Bonita Bai
Bonita Bai

+1(250) 386-8875 | victoriabc.com@gmail.com

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