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$2,395,000
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928 Bay Street
  • Victoria, BC, V8T 1R7
  • Hillside
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily
This is an opportunity to purchase Parkview Apartments for the first time in 34 years. Located at 928 Bay Street, this fully occupied three storey apartment building is comprised of 2 two bedroom suites, 6 one bedroom suites, 3 one bedroom + den suite and 1 non-authorized one bedroom suite. The building has new windows and roofing installed in 2018, 2 gas hot water tanks (2017 + 2020) and separately metered hydro for each unit. With under market rents, development potential and a neighbourhood that is undergoing revitalization, the property offers significant future yield upside.

Home facts and features

Price details
List Price
$2,395,000
Gross Taxes for 2022
$10,235
Home facts
Bedrooms
0
Bathrooms
Property Type
Multifamily
Lot Size
8746 ft²
Title
Freehold
Community
Hillside
Agent details
Primary Agent
Chris Rust
Primary Broker
CBRE Limited
Listing details
Days on REW
71 Days
Property Views
243
MLS® Number
921469
Source
Victoria and Vancouver Island MLS

Mortgage Calculator

Estimated Payments
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Purchase Price
Mortgage Total
Down Payment
Percent
%
Mortgage Insurance
Amortization
25 Years
Interest Rate
4.59 %

Today's rates at a glance

  • 4.59%
  • /mo
  • 5 Year
REW Money
  • 5.09%
  • /mo
  • 3 Year
REW Money
  • 5.69%
  • /mo
  • 2 Year
REW Money
  • 5.89%
  • /mo
  • 1 Year
REW Money
  • 5.89%
  • /mo
  • 10 Year
REW Money
  • 5.90%
  • /mo
  • 5 Year
REW Money

Advertised rates are not guaranteed and the rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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Property Insights

George Jay School
  • Public
  • Pre-K - 5
  • In Catchment
Victoria High School
  • Public
  • 9 - 12
  • In Catchment
Elizabeth Buckley School
  • Independent
  • K - 8
Oak and Orca Bioregional School
  • Independent
  • K
Victoria School for Ideal Education
  • Independent
  • K - 9
Central Middle School
  • Public
  • 6 - 8
Christ Church Cathedral School
  • Independent
  • K - 8
Pacific School of Innovation and Inquiry
  • Independent
  • 9 - 12
Selkirk Montessori School
  • Independent
  • K - 8
South Park Family School
  • Public
  • K - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly. Report Incorrect Info

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MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate. Listing data was last updated on 2023-03-25.