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Houses In Victoria BC

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614 Esquimalt Rd
VW Victoria West Victoria V9A 3L4

$2,799,999
Commercial Sale built: 1969

Main Photo: 614 Esquimalt Rd in Victoria: VW Victoria West Multi Family for sale (Victoria West)  : MLS®# 1051464
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1051464
Year Built:
1969
11-unit Victoria West apartment investment near West Bay. 9 one-bedroom suites approx. 600 SF + 2 two-bedroom suites approx. 750 SF. 2025 reported NOI $110,003 (3.93% cap at $2.8M). 9 occupied, 1 vacant + 1 under renovation offer lease-up upside. Illustrative full-occupancy NOI approx. $134,655 / 4.81% cap. LI-1 zoning with site-specific residential use permitted if constructed before Jan. 1, 1975. Full due diligence package available. 1.25% Buyer Agent Commission.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Year built:
1969 (Age: 57)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
VW Victoria West, Victoria West
Bathrooms:
- (Full:-/Half:-)
Lot Size:
12,820 sq. ft.
Lot Details:
81.5 sf x 212 sf irregular
Taxes:
Building Features:
Bike Storage, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room
Construction:
Frame Wood, Stucco
New Construction:
No
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
4
Ceiling Heights:
Floor finish:
Carpet, Wood
Total Building Area:
7,446 sq. ft.
Leasable Area:
6,900 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Parking
City, Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Operational Expense Per Sq Ft:
8.11
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Legal Non-Conformance:
Yes
Units in Building:
Units in Community:
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Utilities:
Cable Connected, Electricity Available, Electricity Connected, Garbage, Phone Available, Recycling
Lot Site Features:
Adult-Oriented Neighbourhood, Central Location, Irregular Lot, Private, Shopping Nearby, Sidewalk
Parking Features:
On Site
Total Parking Spaces:
12
Road Frontage Type:
Lane
Road Surface Type:
Unimproved
Total Units:
Date Listed:
Sep 28, 2026
Original Price:
2799999.0
  • Photo 1: 614 Esquimalt Rd in Victoria: VW Victoria West Multi Family for sale (Victoria West)  : MLS®# 1051464
    Photo 1 of 1
Listed by Coldwell Banker Universe Realty
Data was last updated October 8, 2026 at 12:05 AM (UTC)

Houses In Victoria BC

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Victoria BC is a picturesque coastal city located on Vancouver Island in British Columbia, Canada. The city boasts a mild climate, stunning natural beauty, and a rich history. The housing market in Victoria BC is highly competitive, with a range of properties available to suit all budgets and preferences. From charming heritage homes to modern condominiums, there is something for everyone. The city's most sought-after neighborhoods include Oak Bay, Uplands, and Fairfield, all known for their beautiful homes and prime locations. Whether you're a first-time homebuyer or looking for a vacation property, Victoria BC offers an excellent selection of houses to choose from. With its thriving economy, vibrant culture, and unbeatable lifestyle, Victoria BC is an ideal place to call home.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.