516 Admirals Rd, Esquimalt, BC V9A 2N4

Property Description

This is the multi-family property you’ve been waiting for! VACANT and recently updated four-plex centrally located in the heart of Esquimalt with future development opportunity! Three 2-bed 1-bath suites, and one 3-bed 2-bath suite with ample parking on site. Updates include upgraded plumbing & bathrooms, new flooring, paint, skylights and permitted sewer connection. Note that there is a serviced storage building on site that could be transformed into a micro suite making a fifth unit possible. Steps to shopping, parks & recreation facilities, schools and transit… everything is at your doorstep! Downtown Victoria and CFB Esquimalt are only minutes away. This property also has incredible development potential with the OCP designating it as Neighbourhood Commercial Mixed-Use allowing for 6-storeys and a Floor Area Ratio of 2.0. Call about potential land assembly. Virtual walkthrough tour available. (26527109)