CONTACT

Victoria Real Estate Listings

Forgot password Extend Verify Contact
Main Photo: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
Photo 1: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
Photo 2: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
945169
This opportunity allows potential investors to acquire a 100% ownership stake in Thornwood Manor, located at 1028 Inverness Rd in Greater Victoria. Thornwood Manor is a three-story apartment building situated in a prime location along Inverness Rd, positioned between Quadra St and Glasgow Ave. This offering presents a distinct chance to invest in a well-maintained, income-generating multi-family apartment building at the center of Greater Victoria, with significant potential for redevelopment. The property is surrounded by multi-family zoning, indicating favorable development prospects. Moreover, it's conveniently located, being just a 5-minute drive to Mayfair Mall and the uptown area of Victoria.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Business, Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
SE Quadra, Saanich East
Bathrooms:
- (Full:-/Half:-)
Lot Size:
14,880 sq. ft.
Lot Details:
98 ft wide
Taxes:
Building Features:
Laundry Room, Parking, Transit Nearby
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Balcony
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Units in Building:
Units in Community:
Lot Site Features:
Rectangular Lot, Sidewalk, See Remarks
Total Parking Spaces:
0
Business Type:
Accommodation
Total Units:
Date Listed:
Oct 01, 2023
Original Price:
4990000.0
  • Photo 1: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
    Photo 1 of 2
  • Photo 2: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
    Photo 2 of 2
Listed by Sutton Group West Coast Realty
Data was last updated February 22, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$597,450
Min list price:
$75,000
Max list price:
$8,000,000
Avg days on market:
209
Min days on market:
20
Max days on market:
875
These statistics are generated based on the current listing's property type and located in Saanich East. Average values are derived using median calculations. This data is not produced by the MLS® system.

Explore Houses For Sale in Victoria, BC

Victoria, BC, is a harbour city in the heart of Vancouver Island. It’s the perfect mix of quiet, suburban areas, a busy downtown lifestyle and picturesque landscapes along the Pacific Ocean coastline, tree-lined streets and year-long flowers in bloom make the Victoria real estate market a perfect location ideal for singles, couples and families of any age. Victoria real estate offers waterfront properties that offer breathtaking views of the Pacific Ocean, Gorge waterway, and lakefront properties. If you’re looking for new Victoria houses for sale, REW has an updated list of open house searches so you can see homes you like in person and check out their stunning neighbourhoods.

Homes for sale in the 13 municipalities of Victoria offer close access to local amenities, parks, lakes or ocean beaches and the Galloping Goose trail that extends throughout Vancouver Island. If you’re interested in exploring the great outdoors, Victoria has many provincial parks and trails along the Pacific coastline that boast stunning ocean views, lush greenery and local wildlife.

Victoria real estate promises unique character homes with stunning craftsmanship and designs, unlike any other houses on the market. Victoria housing includes heritage homes that have been around for decades. These charming Victoria homes have unique floor plans that offer a cozy, welcoming space for any size family. The varying size of bedrooms makes a versatile option for families that allows you to find the ideal area for your little ones at home, create a private den or an in-home gym or office.

Other Available MLS® Listings in Victoria

Victoria real estate listings have versatile options that range in square footage.

Condos/Apartments - In the greater Victoria real estate market, you can choose from several apartments and condos for sale. These quaint units offer a lower price tag while packing the full benefits of downtown living. The multiple-storey buildings offer patio areas overlooking the Gorge waterway, ocean or tree-lined streets, creating a calm, peaceful environment. In many condos, onsite amenities include fitness rooms, underground parking and storage spaces.

Townhouses - These offer a community-based setting within each complex. The multiple storey housing options allow space for you and your family then a condo while having lower price points then single family homes.. The unique floor plans of these homes for sale offers a modern, cozy living space with access to outdoor patio areas to enjoy the blooming flowers and green spaces surrounding Victoria.

Duplexes-These Victoria homes are ideal for anyone looking for a potential income earner. You can share half of the house while living on the remaining side. You’ll have the benefits of backyard living space, private areas for your home, and separate entrances.

Detached homes - Often referred to as single family homes, these houses offer a private space for you and your family. The floor plans of these homes range from one- to two-storeys with multiple bedrooms, living and dining spaces, and private backyard spaces.


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.