SOLD (26/02/2021)

1-8 1860 Crescent Rd

Multi Family For Sale in Vi Fairfield East, Victoria

  • Built 1949
Located along Scenic Drive in Victoria, a rare investment opportunity is awaiting a new owner. This property is situated across from one of the best beaches in Victoria - Gonzales Beach- complete with beautiful water views. This complex is made up of 8 units with a mix of one and two bedroom floorpans. Full of character, they feature coved ceilings, oak hardwood floors and archways, and oversized balconies for units on the second level. This well maintained building is professionally managed and has recently been upgraded with new footings/concrete pads/sewage and drainage pipes, a new roof, high efficiency furnace and many suite renovations (all within the last two years) and a fresh new exterior paint job completed this Fall. Don't forget to view the drone video for a fantastic neighbourhood perspective! See supplements about possible future townhouse development potential with rezoning!
Address 1-8 1860 Crescent Rd
List Price $3,550,000
Sold Date 26/02/2021
Property Type Commercial Sale
Type of Dwelling Multi Family
Area Victoria
Sub-Area Vi Fairfield East
Lot Size 14857 Sq. Ft.
Year Built 1949
MLS® Number 859629
Listing Brokerage RE/MAX Camosun
Postal Code V8S 2G8
Tax Amount $16,201
Tax Year 2020
Features Hot Water
Amenities Balcony/Deck, Garden, Irregular Lot, Southern Exposure