$ 1,450,000

3000 Cedar Hill Rd, Victoria, BC, V8T 3J3

Listing ID# 383406
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$ 1,450,000

  • 3000 Cedar Hill Rd
    Victoria, BC V8T 3J3
  • Listing ID 383406
  • Primary Business Type: Retail
  • Age of Building: 1968
  • Building Type: See Remarks
  • CommercialDetails_GrossOperatingIncomeDescription: $82,140.00
  • Business Taxes: $5,319.12
  • Parking Spaces: 6
  • Total Units: 4
  • Building Type: Business Opportunity
  • Land Size: 10890
  • Status: For Sale/Active
  • Days on Market: 28
  • Tax Year: 2017
  • Taxes: $5,319.12
  • Heating: Baseboard, Elec Baseboard
  • Rooms: 0
  • Community: See Remarks
  • Exterior: Wood Siding, Stucco
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Property Description

AWESOME INVESTMENT PROPERTY! These 2 homes combined offer 5 rental suites with a total of 13 bedrooms bringing in a total of $75,000/year. The suite area ideally located directly across from Oswald Park and is just a short distance from UVIC, Camosun College, Hillside Mall, Cedar Hill Recreation Centre, restaurants, and on many major bus routes. These 5 units are never vacant, and the owner never has difficulties filling vacancies when they do occur. All suites have been kept in great condition, and are all currently occupied. The property consists of 3, three bedroom suites, and 2, two bedroom suites, with 1 parking space assigned per unit, plus ample street vacancies. All Suites pay separate utilities, & brings in a 5% cap rate!

Listing courtesy of Pemberton Holmes - Cloverdale

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