928 Bay St

Victoria, BC
12 Suite Apartment Building With Upside
CBRE Victoria’s Investment Properties Group is pleased to present the opportunity to purchase Parkview Apartments for the first time in 34 years. Located at 928 Bay Street, this fully occupied three storey apartment building is comprised of 4 two bedroom suites, 6 one bedroom suites, 1 one bedroom + den suite and 1 non-authorized one bedroom suite. The building has new windows and roofing installed in 2018, 2 gas hot water tanks (2017 + 2020) and separately metered hydro for each unit. With under market rents, development potential and a neighbourhood that is undergoing revitalization, the property offers significant future yield upside.
8,746 SF of Land
Multi-Family
$2,875,000

Listing Agent: Chris Rust | chris.rust@cbre.com | 250 386 0005