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3824 Carey Rd
SW West Saanich Saanich V8Z 4C4

$4,800,000
Commercial Sale built: 1977

Main Photo: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 1: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 2: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 3: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 4: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 5: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 6: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 7: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 8: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 9: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 10: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 11: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 12: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 13: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 14: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 15: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Photo 16: 3824 Carey Rd in Saanich: SW West Saanich Multi Family for sale (Saanich West)  : MLS®# 972079
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
972079
Year Built:
1977
Pleased to offer for a sale a 100% interest in Sparwood Apartments, a 20-unit apartment building well located in Saanich. This well maintained apartment building sits on a large +/- 20,210 square foot lot, fronting onto Carey Road, providing tenants with quick access to the Uptown Shopping Centre, and the Pat Bay Highway, one of Victoria’s main highways running north-south from Downtown Victoria to the Swartz Bay ferry terminal. Investment highlights include; • Tenants pay their own heat and hot water, significantly reducing owner expenses • Below market rents provide significant upside in income on tenant turnover • Updated vinyl windows and doors throughout the building • 28 surface parking stalls on site • Coin operated laundry on site, two (2) washers and two (2) dryers
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Year built:
1977 (Age: 47)
Lease Type:
Sale Price
Listing General Location:
SW West Saanich, Saanich West
Bathrooms:
- (Full:-/Half:-)
Lot Size:
20,210 sq. ft.
Taxes:
$21,240.61 / 2023
Total Building Area:
1 sq. ft.
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
4982000.0
Assessment year:
2024
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
LOT A, PLAN VIP8305, SECTION 24, VICTORIA LAND DISTRICT
Units in Building:
20
Parking Features:
On Site
Total Units:
20
Date Listed:
Jul 31, 2024
Original Price:
4800000.0
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Listed by Colliers
Data was last updated December 23, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,047,000
Min list price:
$100,000
Max list price:
$6,400,000
Avg days on market:
123
Min days on market:
46
Max days on market:
454
These statistics are generated based on the current listing's property type and located in Saanich West. Average values are derived using median calculations.
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.