The Village Green Townhomes & Waverly Apartments
Victoria, British Columbia
Building
Stats
- Property Type Multifamily - Mid-Rise
- Building size (SF) 34,735
- Size (Ac) 1.03
- Price $19,000,000 CAD
- Zoning R3-2 Multiple Dwelling District
Overview
The Avison Young Multi-Family Team is pleased to market for sale The Village Green Townhomes & Waverly Apartments located at 111 Croft Street, Victoria, BC (the “Property”). The Property comprises of four rental apartment buildings containing a total of 57 units with excellent exposure along Croft Street. Situated in the James Bay neighbourhood, the Property benefits from its proximity to surrounding amenities, such as James Bay Square, and direct access to Downtown Victoria. The Property is situated on 44,867-sf of land creating an excellent opportunity for both investors and developers looking for future development potential and rental growth.
Highlights
Premier location three blocks from Dallas Road and quick access to Downtown Victoria
29 vacant renovated suites available for a new purchaser
Excellent size - over an acre of land with future development potential
Bus stop located steps from the Property - access to the 5, 3, & 2 bus lines
Development potential up to 6 storeys at 2.0-2.5 FAR
