2002 Fernwood Road
Victoria, BC
Property Description
Summary
- Municipal Address 2000-2004 Fernwood Rd & 1284-1298 Gladstone Ave, Victoria BC
- Building Size 16,040 SF
- Lot Size 18,469 SF
- Zoning CR-F, Fernwood Commercial Residential District
- Year Built 1910 -1912, 1919 & 1941
- Heritage Description Designated Heritage
- Residential Suite Mix 10 bach (live/work), 5 1bdrm, 4 2bdrm, 1 3bdrm
- Occupancy 100%
- Parking 21 Surface Parking Stalls
- Stabilized NOI $301,000
- Property Taxes (2024) $69,007.29
- BC Assessment (2025) $6,472,000
- Legal Lot A, Spring Ridge, Victoria City, Plan 24752, PID 002-817-381
- Asking Price $5,800,000
Avison Young Victoria is pleased to offer this landmark mixed-use building for sale within the Fernwood Village of the City of Victoria. The subject property consists of three brick buildings and is a two and a half storey (with partial basement) commercial and residential building. The building is comprised of 26 small commercial and live-work premises on the main floor, as well as 10 walk-up residential apartment units on the second floor. Exceptionally located, well maintained, and fully occupied, the building offers a great opportunity to own and add value to one of Victoria’s most iconic and historic properties.
