A 12-unit rental apartment building in Victoria has sold for $2.36 million, the equivalent of more than $197,000 per suite, and more than $700,000 above its assessed value.
Breakdown:
Price: $2.36 million
2019 assessed value: $1.59 million
Property type: Multi-family rental building
Number of units: 12
Address: 944 Tattersall Drive
City: Victoria, B.C.
Name of brokerage: CBRE
Agents: Lance Coulson and Greg Ambrose
Date of sale: July 2, 2019