My Listings

370 Richmond Ave
Vi Fairfield East VICTORIA V8S 3Y1

$1,990,000
Commercial Sale built: 1947

Main Photo: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 1: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 2: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 3: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 4: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 5: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 6: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 7: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 8: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 9: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 10: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 11: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 12: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 13: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 14: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 15: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 16: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 17: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 18: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 19: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Photo 20: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
Status:
Sold
Prop. Type:
Commercial Sale
MLS® Num:
805522
Sold Date:
Jun 18, 2019
Year Built:
1947
Immaculate Purpose built 6 suite Apartment block in sought after Fairfield. The 6 x 1 Bedroom art deco era character suites have all had recent updates including new flooring, updated bathrooms (most suites), paint, fixtures, etc. New 400 amp electrical upgrade, recently insulated walls, newer windows and exterior doors & common area heat pump. New coin-op laundry and 3 detached garages that generate an additional $550 p/m. All suites currently rented well below what the market bears but still generates a gross income of 90,192 including Coin-op Laundry and Garages (Net of $77,050). Plenty of latent value awaits. Located close to shopping, public transit and local beaches. VERY RARE opportunity in this coveted location. Building/Drain Inspection available! *Vendor Financing an Option for qualified buyers* PRICE IS FIRM
Price:
$1,990,000
Property Type:
Commercial Sale
MLS® Num:
805522
Status:
Sold
  • Photo 1: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    Photo 1 of 20
  • Photo 2: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    Photo 2 of 20
  • Photo 3: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    Photo 3 of 20
  • Photo 4: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    Suite #1 Entrance
  • Photo 5: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #3 Living/Dining Rooms
  • Photo 6: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #3 Dining Room
  • Photo 7: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #3 Kitchen
  • Photo 8: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #1 Living Room
  • Photo 9: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #2 Living Room/Dining Area
  • Photo 10: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #1 Bathroom
  • Photo 11: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #3 Kitchen
  • Photo 12: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #4 Dining Room
  • Photo 13: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #4 Kitchen
  • Photo 14: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #5 Living Room
  • Photo 15: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #5 Kitchen
  • Photo 16: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #5 Bathroom
  • Photo 17: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #5 Bedroom
  • Photo 18: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #5 Living/Dining Room
  • Photo 19: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #3 Bedroom
  • Photo 20: 370 Richmond Ave in VICTORIA: Vi Fairfield East Multi Family for sale (Victoria)  : MLS®# 805522
    #3 Bedroom
Listed by Newport Realty Ltd., sold on June, 2019
Data was last updated November 10, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
78
Avg list price:
$600,000
Min list price:
$16
Max list price:
$6,000,000
Avg days on market:
104
Min days on market:
5
Max days on market:
664
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
Naomi Larkins
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.