Victoria, BC V8T 4G6,2312 Wark St
Victoria, BC V8T 4G6,2312 Wark St
Victoria, BC V8T 4G6,2312 Wark St
Victoria, BC V8T 4G6,2312 Wark St
Victoria, BC V8T 4G6,2312 Wark St
Victoria, BC V8T 4G6,2312 Wark St
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$ 2,250,000
Est. payment | /mo

6,969 Sqft Lot


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$ 2,250,000
Est. payment | /mo
Save

6,969 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1006685

Rental Info Unrestricted

Year Built 1912

Annual Tax Amount $9,382

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Property Description

2312 Wark Street is a 1912 character building converted into an 8 legal suite apartment. This rental property is ideally situated in the North Park and Quadra-Hillside neighborhoods, just on the outskirts of Victoria's downtown. In 2016 there was a new concrete floor slab and foundation, new energy efficient gas boiler and hot water heater, new perimeter drainage system, and the construction of the 3 bedroom lower suite. There is secure bike storage and 10 on-site parking stalls with back alley access. Price reduced from $2,375,000 to $2,250,000 representing a 5.08% cap rate on stabilized, in place net income.

Location

Province BC

County Capital Regional District

Area Vi Central Park

Zoning R-2

Exterior

Parking On Site 1

Total Parking Spaces 10

Building

Story 3

Others

Tax ID 001-765-639

Ownership Freehold

Listed by Colliers
advisor-avatar

+1(250) 802-7569

trevor@coasttocoastvi.ca

2031 Store Street, Victoria, V8T, 5L9, Canada

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2312 Wark St