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  • Sold
SOLD | 32 Unit Apartment Building For Sale in James Bay - #1
SOLD | 32 Unit Apartment Building For Sale in James Bay - #2
SOLD | 32 Unit Apartment Building For Sale in James Bay - #3
SOLD | 32 Unit Apartment Building For Sale in James Bay - #4

For Sale

$8,680,000 CAD

Nelson House is a well-maintained and professionally managed, 32-suite rental apartment building situated mid-block along Michigan Street between Menzies Street and Oswego Street. The offering represents the opportunity for investors to acquire a 100% leased rental property with the potential to increase cash-flow and yield by moving rents to market on turnover. Nelson House is located in the heart of James Bay and just a 10 minute walk to downtown Victoria. James Bay is surrounded by water on three sides and Beacon Hill Park provides a green border to the east. The neighbourhood is filled with a number of amenities including grocery stores, restaurants, medical offices, and specialty retailers.
  • 03/01/2021
  • 418 Michigan Street