1028 Inverness Rd, Saanich, BC

$4,999,000.00

Category:

Description

Property Attributes
  • ID#945169
  • Listing Status: Active
  • City: Saanich
  • Neighbourhood: Quadra
  • Postal Code: V8X 2S1
  • Price: $ 4,999,000
  • Lot Size0: 341598 Acres
    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.