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Royal LePage
Royal LePage
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$6,150,000

Victoria BC, V8R 4P6

MLS® # 1021255

Property Information:

Osterley Court, a meticulously maintained 22-unit apartment building located in Victoria’s highly sought-after South Jubilee neighborhood, is for sale for the first time in 39 years. On the border of Oak Bay, the property benefits from being directly on a transit route, walking distance to amenities such as the Red Barn Market, and a stable tenant mix. This 4-storey wood-frame building is situated on a 16,200 square foot lot and features a desirable mix of spacious one and two bedroom suites. The building has been well maintained, with large capital expenditure items completed by the current owner and units have been renovated on turnover.

Property Features:

  • Annual Tax Amount: $32,769
  • Built in: 1971
  • Floor Space (approx): 1 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Zoning: RM2

Courtesy of: Colliers

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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⚠ Potential Investment Performance

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Location of 1520 Richmond Ave, Victoria, BC, V8R 4P6

Demographic Information of 1520 Richmond Ave, Victoria, BC, V8R 4P6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$136,170.02

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.44 %

High school certificate or equivalent

24.87 %

Apprenticeship trade certificate/diploma

4.06 %

College/non-university certificate

17.55 %

University certificate (below bachelor)

1.68 %

University Degree

43.41 %

Commuter

Travel To Work

By Car

55.16 %

By Public Transit

12.71 %

By Walking

17.61 %

By Bicycle

9.54 %

By Other Methods

4.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.14 %

Houses

40.86 %

Own Vs. Rent

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