Overview
Vicount Manor is a 40-suite wood-frame rental apartment building located in Victoria, BC. Built in 1963, the subject features parking, balconies, a large sun room, hardwood floors and an ongoing maintenance program. The property is situated walking distance to Downtown Victoria in the prestigious Rockland area on Pioneer Square across from Christ Church Cathedral.
Features
-Large sun room on 5th floor
-All suites have generous closet space & all main bedrooms are large enough for 2 twin beds or a queen
-Hardwood floors; some have carpet over hardwood
-Family-built & managed since 1963
-Supervised fire alarm system
-Elevator upgrade 2010
-New boiler 2 years ago (gas hot water heat)
-New roof within the last 10 years
-New hall carpets within the last 10 years
-One unauthorized suite
Suite mix
| No. units | |
|---|---|
| Bachelor | No. units7 |
| One Bedroom | No. units26 |
| Two Bedroom | No. units7 |
Financials
| Financing | Clear title. | |
|---|---|---|
| Assessment 2011 | Land Building Total | Land$1,637,000 Building$3,477,000 Total$5,114,000 |
| Taxes 2010 | $30,555.24 | |
| Income and expenses | Gross income Vacancy 1% Effective gross Operating expenses Net operating income | Gross income$390,914 Vacancy(3,909) Effective gross$387,005 Operating expenses(166,416) Net operating income$220,589 |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
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