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Home BC Greater Victoria Victoria Jubilee North Jubilee
1522-1532 Pandora Ave
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1522-1532 Pandora Ave $2,950,000
$2,950,000
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1522-1532 Pandora Ave
Victoria, British Columbia V8R1A8

MLS® Number: 985151

Listing Description

1522-1532 Pandora Avenue is approximately 0.22 acres and is currently zoned C1-N – Neighbourhood Shopping District. The Property is located in Victoria, British Columbia, on the north side of Pandora Avenue at the junction of Oak Bay Avenue and Fort Street. The property has been improved with 17 multi-residential units and four (4) ground-floor commercial units. The Property is being offered on an “as-is, where-is” basis. The unique offering presents a rare chance to re-invigorate one of Victoria’s most recognizable intersections, presenting considerable growth potential – with a 73% rental upside on the residential suites after stabilizing the 5 vacant units at market rates. *13,000 SF of building area is an estimation as the Vendor does not possess or control floor plans. 1602-1608 Fort Street is also available under a separate offering. Combined, these properties would represent an exceptional redevelopment opportunity with holding income. (28836568)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Neighbourhood Name
Fernwood
Title
Freehold
Land Size
9712 sqft
Built in
1914
Annual Property Taxes
$48,523.64
Time on REALTOR.ca
62 days

Measurements

Exterior Building Size
13000 sqft

Land

Other Property Information
Zoning Description
C1-N
Zoning Type
Unknown
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2
Austin Cope