604-638-2121
612 Constance Av, Victoria, BC for Sale
Apartments - FOR SALE
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612 Constance Av
Victoria, BC V8X 1A3


HIGHLIGHTS

  • A rooftop patio offering sweeping, panoramic ocean views
  • excellent access to public transit and local services
  • ?A co-working space ideal for young professionals or remote workers

OVERVIEW

The property boasts a well-balanced suite mix, with the majority of the 129 units offering spacious two-bedroom layouts and 5 Commercial Units. Additionally, three self-contained townhouses provide unique living options, perfect for a range of tenant demographics. Amenities of the building include ,a rooftop patio offering sweeping, panoramic ocean views, a bike room to cater to the growing demand for eco-friendly transportation, ?a co-working space ideal for young professionals or remote workers, a gym and fitness studio for residents seeking an active lifestyle. These amenities, combined with the building’s prime location, make it an ideal choice for both young professionals and retirees, providing a high standard of living in a rapidly growing rental market. The building also includes a 7,522 sf retail space, with 3,522 sf leased to a daycare provider at a rate of $30.00/sf, ensuring a steady income stream and adding further value to this investment. This property presents a unique opportunity to invest in a high-quality asset in one of British Columbia’s most attractive rental markets. With its blend of residential and commercial components, top-tier amenities, and strategic location, this building is well-positioned for long-term capital appreciation and stable rental income.

FOR SALE DETAILS

PRICE

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# OF UNITS

129

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2023

PARKING SPACES

131

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,309 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Adam HermanMarcus & MillichapMore Info
604-638-2121

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Adam HermanMarcus & MillichapMore Info
604-638-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.