908 Cook St
Vi Fairfield West
Victoria
V8V 3Z3
$5,600,000
Commercial Sale
built: 1963
- Status:
- Sold
- Sold Date:
- Aug 12, 2024
- Sold Price:
- $5,600,000
- Sold in:
- 171 days
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 954257
- Year Built:
- 1963
FIRST TIME ON MARKET! Single family owned and operated. This 25 unit apartment is located in the highly desireable Fairfield/Cook neighborhood. Offering quick access to downtown Victoria. Offering convenient access to shopping, bus service and ammenities. The property features a 14,400 sq ft corner lot, designated R2-AM-1 Multi Family and situated on the corner of Cook and Burdett. Building has been well maintained for its entire life. Grounds and gardens are well kept with new front walk. Laundry room includes coin operated machines. Bright and clean sunroom on rooftop with deck. 908 Cook Street offers an investor/developer a future redevelopement potential. This property offers significant rental upside for an investor through natural tenant turnover of mostly senior tenants.
An rare investment opportunity in one of Canada's most desireable real estate markets.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1963 (Age: 62)
- Lease Type:
- Sale Price
- Listing General Location:
- Vi Fairfield West, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 14,400 sq. ft.1,338 m2
- Lot Details:
- 120X120
- Taxes:
- $28,706 / 2023
- Building Features:
- Elevator: Passenger, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby, See Remarks
- Construction:
- Concrete, Frame Wood, Stucco & Siding
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Number of Storeys:
- 4
- Floor finish:
- Carpet, Hardwood, Vinyl
- Total Building Area:
- 20,366 sq. ft.1,892 m2
- Commercial Area:
- Core (excl Downtown)
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Hot Water
- Fireplace:
- No
- Pending Date:
- Jun 13, 2024
- Date Sold:
- Aug 12, 2024
- Parking
- Fencing: Partial, Garden
- Corner of Cook and Burdett
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Buyer to finance
- Assessed:
- 6280000.0
- Assessment year:
- 2024
- Jurisdiction name:
- City of Victoria
- Legal Description:
- LOT 1 OF LOTS 1635 AND 1636, VICTORIA CITY, PLAN 15624
- Zoning:
- R3-AM-1
- Units in Community:
- 25
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Utilities:
- Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
- Lot Site Features:
- Central Location, Corner Lot, Easy Access, Landscaped
- Parking Features:
- On Site
- Total Parking Spaces:
- 19
- Total Units:
- 25
- Date Listed:
- Feb 23, 2024
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Listed by The Agency and Day Team Realty Ltd, sold on August, 2024
Data was last updated February 10, 2025 at 12:05 PM (UTC)
- DAN SILBURN
- RE/MAX CAMOSUN WESTSHORE
- 250-885-6726
- Contact by Email
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