Active

908 Carlton Terr

Esquimalt BC, V9A 5A5

$3,988,000


$527.30 per sqft

Active

7,563 sqft

Commercial

Built in 1970

HUGE PRICE DROP!!! Incredible investment opportunity in the heart of Esquimalt. This building has 8 large 2 bedroom / 1 bathroom units, and is fully tenanted. Each unit has their own deck, natural gas fireplace, and skylights in each top floor unit. Perfect holding property to receive rental income while waiting to develop a larger multi-family building. Common laundry area, storage lockers and huge crawl space for storage. Brand new upper deck on back of building. Units 1 and 5 have been renovated in 2021. Large above ground parking lot for 13 vehicles. Lots of green space for tenants to enjoy. A short walk into the heart of Esquimalt, and to the ocean. Close to schools, bus routes, groceries and shopping. Don't miss this amazing chance to generate passive income with the peace of mind that future development is possible.

944115

MLS ID

September 20, 2023

Listed

May 9, 2024

Updated

Map

908 Carlton Terr
Esquimalt BC, V9A 5A5

Interior Features

Total Stories

2


Floor Description

Carpet, Vinyl


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Natural Gas

Exterior/Building Features

Lot Size

0.4 Acres


Exterior Features

Balcony/Deck, Fenced, Fencing: Partial, Low Maintenance Yard


Lot Features

Central Location


Sewer

Sewer Connected

Other Property Details

Area Name

Esquimalt


Taxes

$11,793


Tax Frequency

Annually


Days on Market

111


Garage

No


Parking

On Site


Parking Total

13


View

No


County

Capital Regional District


Water Source

Municipal


Pool

No


Zoning

RM-4


Buyer Agency Compensation

4% on 1st 100K/1.5% on Bal

Listing History

Date

Event

Price

1/9/2024

Price Change

$3,988,000

-4%

Courtesy of DFH Real Estate - Sidney, Dan Van der Vlugt

Listing Contact: 250-415-0453 

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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kash Burley shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.  Used under license.

Reciprocity Program

©2024 Vancouver Island Real Estate Board and Victoria Real Estate Board. All rights reserved.

the Victoria Real Estate Board

Powered byLuxury Presence