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:44056)

Property Details

Full Address:
614 Esquimalt Rd, Victoria, British Columbia
Price:
$ 2,799,999
MLS Number:
1051464
List Date:
October 2nd, 2026
Building Size:
7446 sq.ft.
Lot Size:
12820 sq.ft.
Year Built:
1969
Taxes:
$ 13,531

Interior Features

Air Conditioning:
None
Heating:
Baseboard heaters, Electric

Building Features

Building Size:
7446 sq.ft.
Zoning:
Unknown
Garage Spaces:
12
Security:
Fire alarm system
Ownership Type:
Freehold
Taxes:
$ 13,531
Association Name:
Owners

Floors

Land

View:
City view, Ocean view
Lot Size:
12820 sq.ft.
Lot Features:
Central location, Private setting, Irregular lot size, Other

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Sukh Johal Personal Real Estate Corporation Coldwell Banker Universe Realty
604-783-4552
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Listing Agent(s)

Lead Agent: Sukh Johal
Office: Coldwell Banker Universe Realty
Originating Board: Victoria Real Estate Board

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