1125 Oscar St | Victoria, BC V8V 2X3
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1125 Oscar St
Victoria, BC V8V 2X3
Bellwood Place · Residential Property For Sale · 24 Units
Executive Summary
CBRE Limited is pleased to present for sale 1125 Oscar Street in Victoria, BC. This exceptionally-well maintained apartment building, known as Bellwood Place, has been with the same owner for over 35 years, and features 24 residential suites on 18,762 SF of land. Situated steps from Cook Street Village, this ideally located multi-family property offers tenants an unmatched blend of village style amenities and proximity to iconic waterfront parklands, all while only minutes from Downtown Victoria. Owners will benefit from a neighbourhood with extremely high rental demand and under market rents (31% spread to market), which will provide income upside on tenant turnover.
PROPERTY FACTS
| Price Per Unit | £159,170 | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 22,041 SF |
| No. Units | 24 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 4 |
| Property Subtype | Apartment | Year Built | 1971 |
| Apartment Style | Mid Rise | Parking Ratio | 2.4/1,000 SF |
| Building Class | C |
| Price Per Unit | £159,170 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 22,041 SF |
| Average Occupancy | 100% |
| Number of Floors | 4 |
| Year Built | 1971 |
| Parking Ratio | 2.4/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 1+1 | 15 | - | - |
| 2+1 | 3 | - | - |
zoning
| Zoning Code | R3-AM-2 |
| R3-AM-2 |
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