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Victoria 12-unit multi-family captures $312,500 per door

The rental-apartment building is on Cook Street close to Victoria’s downtown and attracted multiple bids to sell at full asking price.
Western Investor Staff
Colliers,Victoria, cook street sale
Colliers International, Victoria, for Western Investor

Type of property:Multi-family rental

Location:235 Cook Street, Victoria, B.C.

Number of units:12

Size of land:0.22 acres

In square feet:9,862 square feet

Zoning:R3-2A (multi-unit residential, low rise)

Listing price:$3.75 million

Sale price:$3.75 million

Date of sale:April 30, 2020

Brokerage company:Colliers International, Victoria, B.C.

Brokers:Eric Adams, Mike Foucher