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250 Gorge Rd W
Saanich, BC V9A 1M6
Gorge Terrace · Immeuble residentiel Bien À vendre
·
36 Lots
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Located adjacent to Gorge Shopping Centre with close proximity to transit, Uptown Centre, and multiple retail services.
- Full suite renovations on 16 units with stainless steel appliances and dishwashers.
- Large 34,611 SF site located within a high-growth area with long-term development momentum.
- Significant capital upgrades completed, including new windows, balcony railings, building signage, and landscaping.
- Future value enhancement through additional renovations and densification under current zoning and OCP.
Résumé analytique
Gorge Terrace presents an exceptional opportunity to acquire a fully rented, income-producing multi-family property prominently located along the established Gorge Road corridor in Saanich, part of Greater Victoria’s thriving rental market. The 36-suite complex, situated on a 34,611 SF lot, comprises a mix of studio, one-, and two-bedroom units with an average size of 640 SF. Current ownership has invested over $490,000 into significant capital improvements, including comprehensive renovations of 16 suites, exterior enhancements, new aluminum balconies, updated common areas, modernized windows, and new signage.
Positioned adjacent to the Gorge Shopping Centre and minutes from Uptown Centre, the property benefits from immediate access to transit, key retail amenities, and the scenic Gorge Waterway, which offers walking trails and recreational activities. Long-term upside exists through further unit renovations and potential densification opportunities supported by the property’s RA-3 Apartment Zoning and inclusion in the Primary Growth Area under the Official Community Plan.
With a stabilized net operating income of $419,204 and average actual rent of $1,440 per unit, Gorge Terrace offers investors consistent cash flow and value-add potential in one of Vancouver Island’s most resilient rental markets.
Positioned adjacent to the Gorge Shopping Centre and minutes from Uptown Centre, the property benefits from immediate access to transit, key retail amenities, and the scenic Gorge Waterway, which offers walking trails and recreational activities. Long-term upside exists through further unit renovations and potential densification opportunities supported by the property’s RA-3 Apartment Zoning and inclusion in the Primary Growth Area under the Official Community Plan.
With a stabilized net operating income of $419,204 and average actual rent of $1,440 per unit, Gorge Terrace offers investors consistent cash flow and value-add potential in one of Vancouver Island’s most resilient rental markets.
Informations sur l’immeuble
| Prix par lot | 172 806 € | Style d’appartement | De hauteur moyenne |
| Type de vente | Investissement | Classe d’immeuble | A |
| Taux de capitalisation | 4,19 % | Surface du lot | 0,32 ha |
| Nb de lots | 36 | Surface de l’immeuble | 2 142 m² |
| Type de bien | Immeuble residentiel | Nb d’étages | 5 |
| Sous-type de bien | Appartement | Année de construction | 1969 |
| Zonage | RA-3 - Apartment Zone - RA-3 - Apartment Zone | ||
| Prix par lot | 172 806 € |
| Type de vente | Investissement |
| Taux de capitalisation | 4,19 % |
| Nb de lots | 36 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | A |
| Surface du lot | 0,32 ha |
| Surface de l’immeuble | 2 142 m² |
| Nb d’étages | 5 |
| Année de construction | 1969 |
| Zonage | RA-3 - Apartment Zone - RA-3 - Apartment Zone |
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 6 | - | 44 |
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