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1180 Fort St
Victoria, BC V8V 3K8
Somerset Place Apartments · Multifamily Property For Sale
·
46 Units
Investment Highlights
- Located in Victoria’s prestigious Rockland neighborhood.
- 42% rental upside with below-market in-place rents.
- Steps from downtown, parks, and cultural landmarks.
- 46-suite apartment block with consistent capital upgrades.
- Walk Score 93, Transit Score 86, Bike Score 97.
- Efficient 28% operating expense ratio with strong NOI.
Property Facts
| No. Units | 46 | Lot Size | 0.70 AC |
| Property Type | Multifamily | Building Size | 25,998 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1977 |
| Building Class | C | Cross Streets | Ormond St. |
| Zoning | R3-1 - Multiple Dwelling District | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 25,998 SF |
| No. Stories | 3 |
| Year Built | 1977 |
| Cross Streets | Ormond St. |
| Zoning | R3-1 - Multiple Dwelling District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 43 | $1,495 | 555 |
| 2+1 | 3 | $1,153 | 714 |
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