3824 Carey Rd Active

Saanich,BC V8Z 4C4

$ 4800000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 972079

Rental Info Unrestricted

Year Built 1977

Annual Tax Amount $21,240

Tax Year 2023

Lot Size 0.460 Acres

Acres 0.46

Property Description

Pleased to offer for a sale a 100% interest in Sparwood Apartments, a 20-unit apartment building well located in Saanich.
This well maintained apartment building sits on a large +/- 20,210 square foot lot, fronting onto Carey Road, providing tenants with quick access to the Uptown Shopping Centre, and the Pat Bay Highway, one of Victoria’s main highways running north-south from Downtown Victoria to the Swartz Bay ferry terminal. Investment highlights include; • Tenants pay their own heat and hot water, significantly reducing owner expenses • Below market rents provide significant upside in income on tenant turnover • Updated vinyl windows and doors throughout the building • 28 surface parking stalls on site • Coin operated laundry on site, two (2) washers and two (2) dryers

Location

State BC

County Capital Regional District

Area Sw West Saanich

Exterior

Parking On Site 1

Others

Tax ID 005-532-671

Ownership Freehold

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