1015 Gillespie Pl Victoria, BC
$ 3,550,000
Property Attributes
  • MLS#874317
  • TypeCommercial
  • CityVictoria
  • AreaVictoria
  • NeighbourhoodVi Rockland
  • Postal CodeV8S 3K7
  • StyleMulti Family
  • Year Built1925
  • Taxes$ 16832
  • Price$ 3,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7082
  • Lot Size0.38 Acres
Listing Provided Courtesy Of:
Century 21 Queenswood Realty Ltd.
Data Source:
Victoria Real Estate Board (VREB)
Property Description

Rare opportunity to purchase a Beautiful and Lovingly maintained Character Revenue property in the much sought-after Rockland neighborhood! Featuring: 12 suites - 5 x Bachelor, 5 x 1BR, and 2 x 2BR suites plus a Double-Garage rented out for additional revenue. There is never a vacancy and offering a Cap Rate of 3.4%. The architectural design is Foursquare with Classical Revival elements such as a Central Entry with leaded glass in the Door, Sidelights, and Transom, Tripartite Windows, Doric Columns, and Balusters in the shape of Classical Columns. Situated on a 0.34 Acre property on a quiet cul-de-sac. First time on the market since 2004! Don’t miss this rare investment opportunity!

General Features

Commercial Area Core (excl Downtown)
Commercial Listing Type Building, Land
Construction Materials Insulation: Ceiling, Insulation: Walls, Stucco, Stucco & Siding, Wood
Cooling None
Flooring Carpet, Hardwood, Linoleum, Mixed, Softwood, Wood
Heating Baseboard, Electric
Parking Total 12
Property SubType Multi Family
Property Type Commercial Sale
Sewer Sewer Connected
View City, Mountain(s)
Zoning R1-B

Interior Features

Number Of Units In Building 12
Total Units 12

Exterior Features

Building Area Total 7082.00
Building Features Basement, Bike Storage, Laundry Room, Parking, Storage Room, Transit Nearby, Workshop
Exterior Features Balcony, Balcony/Deck, Balcony/Patio, Fencing: Partial, Garden
Foundation Poured Concrete, Stone
Lot Description Central Location, Cul-de-sac, Curb & Gutter, Landscaped, Level, No Through Road, Serviced
Lot Size Acres 0.38
Lot Size Dimensions 134.4 x 124.4
Lot Size Square Feet 16719.00
Parking Onsite Yn Yes
View Yn Yes
Water Source Municipal


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V8S 3K7

AVG $3.55M
AVG $16,832
AVG 34
Year Built
AVG 1925
AVG 70
Data Provided by Walkscore ® not using MLS data