The Pacific Villa Apartments offers investors the opportunity to aquire a 12-suite cash-flowing apartment building centrally located in Esquimalt, BC, just minutes from Downtown Victoria. The building benefits from an excellent suite mix made up predominantly of large 2-bedroom suites (83%) designed to maximize rental revenue. A number of capital improvements have been completed including a newer roof, double glazed windows, balconies, boiler and hot water tank. The building is strategicallyy located on Admirals Road between Esquimalt Road and Colville Road across from the Naval Base, which is now the largest employer in Esquimalt. The seaside location provides tenants with convenient access to transit as well as a host of tenant friendly services and amenties with walking distance.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
Es Rockheights, Esquimalt
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
10,775 sq. ft.1,001 m2
Taxes:
$17,459.6 /
2024
Total Building Area:
0 sq. ft.0 m2
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
3360000.0
Assessment year:
2025
Jurisdiction name:
Township of Esquimalt
Legal Description:
PARCEL B, LOT 20, BLOCK 1, PLAN VIP913, SECTION 10, ESQUIMALT LAND DISTRICT, DD139365I
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Listed by CBRE LIMITED
Data was last updated April 2, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$2,655,000
Min list price:
$395,000
Max list price:
$9,850,000
Avg days on market:
58
Min days on market:
1
Max days on market:
273
These statistics are generated based on the current listing's property type
and located in
Esquimalt. Average values are
derived using median calculations.