Search Title:

2.12 acres multi-family in Victoria sells for $25.75 Million

Starlight pays $25.75 million for Victoria multi-family portfolio

Western Investor Staff
Western Investor

The two properties have a total of 92 rental apartments in prime rental locations within Greater Victoria.

Type of property: Multi-family portfolio

Location: 908 Market Street, Victoria and 1180 Colville Road, Esquimalt, B.C

Number of buildings: 2

Number of units: 92 (total)

Size of property: 64,800 square feet (total)

Land size: 91,690 square feet (total)

Land size in acres: 2.12 acres (total)

Zoning: R3-2 (Victoria) and CD-57 (Esquimalt)

List price: $28 million

Sale price: $25.75 million

Buyer: Starlight Acquisitions Ltd., Toronto

Date of sale: January 31, 2022

Brokerage: Colliers Canada, Victoria, B.C.

Brokers: Ken Cloak, Grant Evans and Dominic Ricciuti

 

© 2022 Western Investor