971 Market St

About this property

The Avison Young Multi-Family Team is pleased to present North Hill Apartments, a well-maintained 33-unit rental apartment building with one office unit in Victoria’s Quadra Village neighbourhood. Situated on a 26,100-sf corner site, the Property has benefited from approximately $530,000 in capital improvements since 2022 including 19 fully renovated suites with dishwashers and stainless-steel appliances. North Hill Apartments features a superior suite mix of 18 one-bedroom & 15 two-bedroom suites with an average suite size of 721 sf. The Property offers a very strong going-in yield with the opportunity to save on Property Transfer Tax through a bare trust share sale.