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614 Esquimalt Rd
Victoria British Columbia V9A3L4 Canada

$2,799,999

Active Listing ID 1051464
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Multi-family

$2,799,999

Active Listing ID 1051464
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614 Esquimalt Rd 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Heating Systems: Baseboard heaters, Electric
Listing Changed: 10/2/2026 9:25:27 PM GMT
Source Updated Date: 10/6/2026 8:10:03 AM GMT

Courtesy of: Sukh Johal, Personal Real Estate Corp, Coldwell Banker Universe Realty