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FIND OUT MORE ABOUT 614 ESQUIMALT ROAD, VICTORIA BRITISH COLUMBIA V9A3L4 (MLS® #1051464)
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614 Esquimalt Road, Victoria, British Columbia
$2,799,999
0.2943
Acres
About 614 Esquimalt Road
LOFT 614 | WEST BAY · VICTORIA WEST – 11-unit income-producing apartment building offered at $2.8M in an exceptional Victoria West location near West Bay and the harbour waterfront. Suite mix includes 9 one-bedroom apartments approx. 600 SF each + 2 two-bedroom apartments approx. 750 SF each. Currently 9 occupied, 1 vacant and 1 under renovation, creating immediate lease-up and income-growth potential. 2025 reported NOI approx. $110,003, representing a 3.93% cap rate. Based on supplied scheduled rents and tax-adjusted expenses, illustrative full occupancy produces approx. $134,655 NOI / 4.81% cap. Approx. 7,446 SF building with 12 parking spaces reported, shared laundry, lockers and bike storage. LI-1 zoning with site-specific residential permission for 614 Esquimalt if constructed before Jan. 1, 1975. Income today. Upside tomorrow. Own a piece of Victoria West. Buyer to verify all information. Due diligence package available. (id:66920)
Key Features
Central location
Private setting
Irregular lot size
Other
Fire alarm system
City view
Ocean view
Baseboard heaters
Electric
None
Multi-Family
Open House
Sat, May 30th, 2026 @ 2pm - 4pm
No RSVP required. Drop in anytime during the open house window.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by
The Canadian Real Estate Association (CREA) and identify real estate professionals who
are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
