1333 Pandora Ave

About this property

For sale: 1333 Pandora Avenue, a 14-unit apartment complex with DP approved plans for an additional 4 units. Located blocks from Downtown Victoria in the desirable rental neighbourhood of Fernwood, this 3-storey building has been well maintained and 5 units have been recently renovated. Tenants benefit from an extremely central location, steps from schools, parks, and a full range of amenities. The opportunity to intensify, as well as in-place rents that are well below market value provide investors significant income upside. At $239,286 per door, this is a tremendous deal.