1040 Tolmie Ave, Victoria, British Columbia, V8X2H1, Canada
Property Details
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Approx. price(Jun 2017):
$800,000
Building type: | Fourplex |
Land Size: | 6524 sqft |
Bathrooms: | 5 |
Bedrooms: | 6 |
Parking Space(s): | 1 |
Property Description
Fourplex for sale in Victoria located in 1040 Tolmie Ave , British Columbia, V8X2H1, Canada. This Fourplex have 6 bedrooms and 5 bathrooms. . For all the rest of the information we have about this property in Victoria , see above.
Incredible revenue potential with this turn-key 4-plex property, with happy tenants already in place. This property features a fully-fenced backyard with mature fruit trees, and ample storage in the crawl space and separate shed - perfect for gardening tools and equipment. The building has been well-maintained with a serviced roof, plumbing and electrical, and a new forced air gas furnace in 2013. Conveniently located within walking distance to Mayfair Mall, Rutledge Park, restaurants and cafes, and close to transit lines make this a great option for investors. Two of the suites have been rented to the same tenants for 5 years! Total Annual Rental Revenue $43, 651. Total Annual Expenses $7, 970. Net Annual Revenue $35, 681. Capitalization Rate = 4.46%
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1040 Tolmie Ave, Victoria, British Columbia, V8X2H1, Canada