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2312 Wark St Victoria, BC V8T 4G6
6,969 Sqft Lot
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1006685
Rental Info Unrestricted
Year Built 1912
Annual Tax Amount $9,382
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Multi Family
Property Description
2312 Wark Street is a 1912 character building converted into an 8 legal suite apartment. This rental property is ideally situated in the North Park and Quadra-Hillside neighborhoods, just on the outskirts of Victoria's downtown. In 2016 there was a new concrete floor slab and foundation, new energy efficient gas boiler and hot water heater, new perimeter drainage system, and the construction of the 3 bedroom lower suite. There is secure bike storage and 10 on-site parking stalls with back alley access. Price reduced from $2,375,000 to $2,250,000 representing a 5.08% cap rate on stabilized, in place net income.
Location
Province BC
County Capital Regional District
Area Vi Central Park
Zoning R-2
Exterior
Parking On Site 1
Total Parking Spaces 10
Building
Story 3
Others
Tax ID 001-765-639
Ownership Freehold
Listed by Colliers
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