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516 Admirals Rd Esquimalt, British Columbia V9A 2N4

$1,700,000

This is the multi-family property you’ve been waiting for! VACANT and recently updated four-plex centrally located in the heart of Esquimalt with future development opportunity! Three 2-bed 1-bath suites, and one 3-bed 2-bath suite with ample parking on site. Updates include upgraded plumbing & bathrooms, new flooring, paint, skylights and permitted sewer connection. Note that there is a serviced storage building on site that could be transformed into a micro suite making a fifth unit possible. Steps to shopping, parks & recreation facilities, schools and transit… everything is at your doorstep! Downtown Victoria and CFB Esquimalt are only minutes away. This property also has incredible development potential with the OCP designating it as Neighbourhood Commercial Mixed-Use allowing for 6-storeys and a Floor Area Ratio of 2.0. Call about potential land assembly. Virtual walkthrough tour available. (26527109) (id:24231)

Property Details

MLS® Number 932610
Property Type Multi-family
Neigbourhood Esquimalt
Parking Space Total 7
Plan Vip2854

Building

Fireplace Present No
Size Exterior 3292 Sqft
Type Multi-family

Land

Access Type Road Access
Acreage No
Size Irregular 7425
Size Total 7425 Sqft
Size Total Text 7425 Sqft
Zoning Description Multi-family
Zoning Type Unknown

https://www.realtor.ca/real-estate/25623623/516-admirals-rd-esquimalt-esquimalt

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