Devencore Realty Victoria Ltd.

250-382-3400 |

Fully Tenanted Seven Suite Apartment Building in Fernwood Village

SOLD
1250 - 1258 Pembroke Street
Victoria,, BC V8T 1J9

9,987 sq. ft. site with 7 suite apartment building

The subject is a legal 7 suite apartment building that has been well cared for. The property is located in Fernwood, a suburb of the City of Victoria. The area is mostly comprised of older single family dwellings and multi-family apartment buildings. The Fernwood Village is a popular commercial node roughly two blocks southeast of the property and features a pub, café, theatre, yoga studio, restaurants, high school, and wellness centre.

Recent building upgrades include a new roof in 2008, new rear deck in 2009, exterior paint in 2011, and coin operated washer/dryer in 2014/2015 to name a few. Suite upgrades occur upon turnover or as required. Many of the single pane windows have been replaced with thermopanes. Two of the units have in-suite washer/dryers, an additional two suites have the potential for washer/dryer hookups. There is also a common laundry room on the lower level with one coin operated washer and one dryer (gas).