1114 Blanshard Street

• Twenty-one (21) residential rental
• apartment units
• Six (6) fully leased commercial retail units
• Commercial leases are triple net
• 10 residential rental suites have been fully
• renovated
• Potential for rental upside (residential and
• commercial)
• Opportunity to generate storage revenue
• Held in a bare trust (opportunity for
• significant property transfer tax savings)

Property Description

The Avison Young Multi-Family Team is pleased to market for sale Montrose Apartments, located at 1114 Blanshard Street in Victoria, BC (the “Property”). The Property is a character-rich building extremely well-located in the heart of Downtown Victoria. Montrose Apartments features retail uses at grade with residential rental units above. An abundance of shopping, restaurants, services, and public transit options are within walking distance to the Property. This is an excellent opportunity for an investor to acquire an income producing asset with significant potential for rental upside and value add opportunity.