View photography
1 original listing photograph
Multi-Family
Offered at
$2,799,999
- Parking spaces
- 12
MLS® 1051464
Listed by Coldwell Banker Universe Realty
The property
About this property.
LOFT 614 | WEST BAY · VICTORIA WEST – 11-unit income-producing apartment building offered at $2.8M in an exceptional Victoria West location near West Bay and the harbour waterfront. Suite mix includes 9 one-bedroom apartments approx. 600 SF each + 2 two-bedroom apartments approx. 750 SF each. Currently 9 occupied, 1 vacant and 1 under renovation, creating immediate lease-up and income-growth potential. 2025 reported NOI approx. $110,003, representing a 3.93% cap rate. Based on supplied scheduled rents and tax-adjusted expenses, illustrative full occupancy produces approx. $134,655 NOI / 4.81% cap. Approx. 7,446 SF building with 12 parking spaces reported, shared laundry, lockers and bike storage. LI-1 zoning with site-specific residential permission for 614 Esquimalt if constructed before Jan. 1, 1975. Income today. Upside tomorrow. Own a piece of Victoria West. Buyer to verify all information. Due diligence package available. (id:67648)
The particulars
Property details.
Details below are supplied by the listing feed. Confirm measurements, rights, fees and taxes for the particular property.
Property and layout
- Property type
- Multi-family
- Structure
- Multi-Family
- Year built
- 1969
- Attachment
- Attached
- Total building area
- 7,446 sq. ft.
Ownership and costs
- Ownership
- Freehold
- Association
- Owners
- Annual property tax
- $13,530.50 (tax year not supplied)
Land and parking
- Lot area
- 12,820 sq. ft.
- Parking spaces
- 12
- Lot dimensions, as supplied
- 12820
- Lot features
- Central location, Private setting, Irregular lot size, Other
- Zoning, as supplied
- Unknown
Comfort and construction
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Fireplace
- No
Included features
- Security
- Fire alarm system
Setting and services
- View, as supplied
- City view, Ocean view
Location details
- Area
- Victoria West
- City
- Victoria
- Province
- British Columbia
- Postal code
- V9A3L4
The setting
Explore
the location.
Explore the map or open Google Maps for directions. The marker uses the listing address and does not indicate property boundaries.
Source record updated 2 Oct 2026, 21:25 UTC.