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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 945169
- Photos (2)
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This opportunity allows potential investors to acquire a 100% ownership stake in Thornwood Manor, located at 1028 Inverness Rd in Greater Victoria. Thornwood Manor is a three-story apartment building situated in a prime location along Inverness Rd, positioned between Quadra St and Glasgow Ave. This offering presents a distinct chance to invest in a well-maintained, income-generating multi-family apartment building at the center of Greater Victoria, with significant potential for redevelopment. The property is surrounded by multi-family zoning, indicating favorable development prospects. Moreover, it's conveniently located, being just a 5-minute drive to Mayfair Mall and the uptown area of Victoria.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Business, Land
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- SE Quadra, Saanich East
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 14,880 sq. ft.
- Lot Details:
- 98 ft wide
- Taxes:
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- Building Features:
- Laundry Room, Parking, Transit Nearby
- Ceiling Heights:
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- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Balcony
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- District of Saanich (SD61)
- Legal Description:
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- Lot Site Features:
- Rectangular Lot, Sidewalk, See Remarks
- Total Parking Spaces:
- 0
- Business Type:
- Accommodation
- Total Units:
- Signup
- Date Listed:
- Oct 01, 2023
- Original Price:
- 4990000.0
-
Photo 1 of 2 -
Photo 2 of 2
Listed by Sutton Group West Coast Realty
Data was last updated July 26, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 19
- Avg list price:
- $999,000
- Min list price:
- $55,000
- Max list price:
- $11,300,000
- Avg days on market:
- 119
- Min days on market:
- 11
- Max days on market:
- 664
These statistics are generated based on the current listing's property type
and located in
Saanich East. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- JEFF MEYER
- eXp Realty Canada
- 1.250.885.2047
- Info@VIREG.ca
