Overview

New Luxury Oak Bay Apartment Building

The Investment Properties Group is pleased to present the opportunity to purchase a luxury apartment building with stunning ocean views along the prestigious Newport Avenue. Originally built in 1955, this completely reconstructed building incorporates modern finishes throughout with bright open layouts, stainless steel appliances, quartz counter tops, vinyl plank flooring, high efficiency washer/ dryer, and chrome fixtures. Comprised of 12 suites, 11 two bedrooms and 1 one bedroom, each with private balconies to exceed the demands of today’s tenants.  This friendly community is a tenant’s dream, with Oak Bay Village minutes away the area includes a wide range of restaurants, grocery, unique shops, transit (in front of building) and arts and recreational programs. The neighbourhood is highly desirable for outdoor enthusiasts with expansive beaches lining the waterway offering accessible walking paths, kayaking, paddle boarding, and more.
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Sizes and Measurements

Land Size

9,090 sq. ft.

General Information

For Sale

$7,995,000

Zoning

RM4

Number of Storeys

3

Number of Bedrooms

12 bedrooms

Year Built

1955

Usage Type

Residential

Sub Type

Multi family Low-Rise

Photos

1266 NEWPORT AVENUE

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