$2,799,999
 $15,031 est/mo Sourced by Back At You

614 Esquimalt Rd,Victoria, BC V9A3L4

Victoria, BC V9A3L4

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Description

LOFT 614 | WEST BAY · VICTORIA WEST - 11-unit income-producing apartment building offered at $2.8M in an exceptional Victoria West location near West Bay and the harbour waterfront. Suite mix includes 9 one-bedroom apartments approx. 600 SF each + 2 two-bedroom apartments approx. 750 SF each. Currently 9 occupied, 1 vacant and 1 under renovation, creating immediate lease-up and income-growth potential. 2025 reported NOI approx. $110,003, representing a 3.93% cap rate. Based on supplied scheduled rents and tax-adjusted expenses, illustrative full occupancy produces approx. $134,655 NOI / 4.81% cap. Approx. 7,446 SF building with 12 parking spaces reported, shared laundry, lockers and bike storage. LI-1 zoning with site-specific residential permission for 614 Esquimalt if constructed before Jan. 1, 1975. Income today. Upside tomorrow. Own a piece of Victoria West. Buyer to verify all information. Due diligence package available. (id:13843)

Details

MLS #1051464
Listing TypeFor Sale
StatusActive
Year1969
Days On Site19
Listing Provided ByColdwell Banker Universe Realty | Sukh Johal

Features

SQ Feet7,446
Units11
ZoningUnknown
Acreage0.29
Property ViewCity view, Ocean view

Interior

CoolingNone
HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Exterior

Security FeaturesFire alarm system
Lot FeaturesCentral location, Private setting, Irregular lot size, Other

Parking

Parking Total12

Taxes

Tax Annual Amount13530.5
Tax Lot5

Area Information

ProvinceBC
CityVictoria
Postal CodeV9A3L4
Listing VS Median (in V9A3L4)
Price:
$2,799,999
low | high
Med:
$2,799,999
50% of Average
sqft:
7,446
low | high
Med:
7,446
50% of Average
$ / sqft:
$376
low | high
Med:
$376
50% of Average
On site:
19
low | high
Med:
19
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Paul Liberatore

Paul Liberatore

Sutton Centre Realty

Sales Representative, (604) 788-0463paull@sutton.com
ProvinceBC
CityVictoria
Postal CodeV9A3L4
Listing VS Median (in V9A3L4)
Price:
$2,799,999
low | high
Med:
$2,799,999
50% of Average
sqft:
7,446
low | high
Med:
7,446
50% of Average
$ / sqft:
$376
low | high
Med:
$376
50% of Average
On site:
19
low | high
Med:
19
100% of Average
Sourced by Back At You
Listing Updated: October 2, 2026 at 2:23:00 PM PDT

Paul Liberatore - Sutton