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North Park
2312 Wark St
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2312 Wark St $2,250,000
$2,250,000
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2312 Wark St
Victoria, British Columbia V8T4G6

MLS® Number: 1006685

Listing Description

2312 Wark Street is a 1912 building converted into an 8 legal suite apartment. This rental property is ideally situated in the North Park and Quadra-Hillside neighborhoods, just on the outskirts of Victoria’s downtown. In 2016 there was a new concrete floor slab and foundation, new energy efficient gas boiler and hot water heater, new perimeter drainage system, and the construction of the 3 bedroom lower suite. There is secure bike storage and 10 on-site parking stalls with back alley access. Price reduced from $2,375,000 to $2,250,000 representing a 5.08% cap rate on stabilized, in place net income. (29576729)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Central Park
Title
Freehold
Land Size
7050 sqft
Built in
1912
Annual Property Taxes
$9,382
Total Parking Spaces
10
Time on REALTOR.ca
28 days

Building

Building Features
Total Units
8
Maintenance or Condo Information
Maintenance Management Company
Brown Bros
Parking
Total Parking Spaces
10

Measurements

Exterior Building Size
4309 sqft

Land

Other Property Information
Zoning Description
R-2
Zoning Type
Unknown
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2
Grant Evans
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Colliers
1110-1175 Douglas St
Victoria, British Columbia V8W2E1
250-388-6454
250-382-3564
Office Website

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Grant Evans