1/242122 Cook St, Victoria
2122 Cook St, Victoria, BC V8T3R1
$1.5M total
4,084 SF
Asset Class
Multifamily
Size
4,084 SF
Building class
B
Zoning
RA8 — Medium Rise
$ / SF
$367
Occupancy
91%
Year Built
1920
Lot Size
0.1928374655647383 ac
About this property
Prime central Victoria location! Situated in the vibrant North Park neighbourhood, 2122 Cook Street offers an excellent opportunity to own an eight-unit building close to downtown, Fernwood Village, neighbourhood cafés, restaurants, shopping and transit. Nearby Royal Athletic Park and easy access to the city’s core add to the appeal of this convenient, walkable setting. The building features eight one-bedroom suites, each separately metered, along with eight parking spaces and an unfinished basement/workshop. A centrally located investment property combining existing rental income, on-site parking and everyday amenities close at hand. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$64K
Annual cash flow
$-19K
Cash-on-cash
-4.19%
DSCR
0.77
Going-in cap
4.28%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 3,696 SF | 2032-02 |
Area demographics
Trade area within 3 miles of the property.
Population
120,911
Households
44,291
Median income
$81,500
Median age
42.5
Daytime population
166,538
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2122 Cook St, Victoria.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.