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$999,000
Est. payment /mo
3.91 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 999563
Rental Info Unrestricted
Year Built 1968
Annual Tax Amount $8,800
Tax Year 2024
Lot Size 3.910 Acres
Acres 3.91
Property Sub-Type Multi Family
Property Description
Parkview Apartments is a multi-family residential complex consisting of three-storey, wood-frame buildings with a total of 60 suites. Situated on a spacious 3.9-acre site in the heart of Gold River on Vancouver Island, the property offers a central location within the Village, with convenient access to schools, parks, shops, and healthcare services—all within walking distance. The unit mix includes 19 one-bedroom, 55 two-bedroom, 1 four-bedroom, and 14 three-bedroom suites. Eleven of the suites have been updated and are currently occupied. Originally constructed between 1966 and 1968, the property is zoned RM-4. While the complex has strong fundamentals and excellent location appeal, it would benefit significantly from additional capital investment and improvements, presenting a value-add opportunity for the right buyer. Not all units are in rentable condition.
Location
Province BC
County Gold River, Village Of
Area North Island
Zoning RM-4
Exterior
Parking On Site 1
View Y/N Yes
View Other
Others
Pets Allowed Yes
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
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Listed by RE/MAX Check Realty