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741 Admirals Rd
Es Rockheights Esquimalt V9A 2N9

$3,360,000
Commercial Sale

Main Photo: 741 Admirals Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 993401
Photo 1: 741 Admirals Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 993401
Photo 2: 741 Admirals Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 993401
Photo 3: 741 Admirals Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 993401
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
993401
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.
Taxes:
$17,459.6 / 2024
Total Building Area:
0 sq. ft.
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
Zoning:
RM-1
Parking Features:
On Site
Total Units:
12
Date Listed:
Mar 26, 2025
Original Price:
3360000.0
  • Photo 1: 741 Admirals Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 993401
    Photo 1 of 3
  • Photo 2: 741 Admirals Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 993401
    Photo 2 of 3
  • Photo 3: 741 Admirals Rd in Esquimalt: Es Rockheights Multi Family for sale : MLS®# 993401
    Photo 3 of 3
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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.
Craig Moir
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.