250 Gorge Rd, Saanich, BC V9A 1M6
250 Gorge Rd, Saanich, BC V9A 1M6
250 Gorge Rd, Saanich, BC V9A 1M6
250 Gorge Rd, Saanich, BC V9A 1M6
250 Gorge Rd, Saanich, BC V9A 1M6
250 Gorge Rd, Saanich, BC V9A 1M6
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Layne Britton PREC*

Layne Britton PREC*

+1(250) 588-6011
Listing by Carey Buntain Avison Young Commercial Real Estate Services, LP
$ 8,900,000
Est. payment | /mo

23,052 SqFt

Save
$ 8,900,000
Est. payment | /mo
Save

23,052 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,052 sqft

Price per Sqft $386

MLS Listing ID 1050247

HOA Y/N No

Year Built 1969

Annual Tax Amount $44,479

Tax Year 2026

Property Sub-Type Multi Family

Property Description

The Avison Young Multi-Family Team is pleased to present Gorge Terrace, an extremely well-maintained 36-suite rental apartment building situated adjacent to the Gorge Waterway and Gorge Shopping Centre. The Property occupies a 34,611-sf corner site and has benefited from approximately $490,000 in capital improvements since 2021, including new windows and balconies and 16 fully renovated suites with dishwashers and stainless-steel appliances. Gorge Terrace offers stable in-place income with the opportunity to save on Property Transfer Tax through a bare trust share sale.

Location

Province BC

County Capital Regional District

Community Sw Gorge

Area Saanich West

Interior

Heating Baseboard, Hot Water

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Garage No

Building

Water Municipal

Others

Ownership Freehold

Acceptable Financing Clear Title

Listing Terms Clear Title

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”

Nearby Locations

Layne Britton PREC*

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 588-6011

layne@expertrealestategroup.ca

301-1321 Blanshard Street Victoria, British Columbia V8W 0B6

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250 Gorge Rd