1/10930 Pemberton Rd, Victoria
930 Pemberton Rd, Victoria, BC V8S3R4
$4.4M total
7,940 SF
Asset Class
Multifamily
Size
7,940 SF
Building class
A
Zoning
RA8 — Medium Rise
$ / SF
$554
Occupancy
100%
Year Built
1904
Lot Size
0.47520661157024796 ac
About this property
Welcome to 930 Pemberton. Set in prestigious Rockland, rarely does an incredible development opportunity show up in this area. Re-zoned to GRD-1 (PGA), this site gives you a base FSR of 2.6 with the possibility of increasing. Set on a lot size of 20,700 sf, this flat, corner lot has sits on Pemberton and Carberry Gardens and includes an 8 unit multi-family building, converted from a 1904 Mansion in 1981. Rockland has long been one of Victoria’s most settled addresses: large lots, mature trees and heritage homes, with Government House and Craigdarroch Castle a short walk away. This property sits in that setting with the convenience for daily life, being minutes from Fort Street, Oak Bay Village and downtown. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$20K
Projected NOI
$242K
Annual cash flow
$-2K
Cash-on-cash
-0.16%
DSCR
0.99
Going-in cap
5.49%
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 |
|---|---|---|
| Prairie Coffee Roasters | 3,163 SF | 2027-02 |
| Prairie Coffee Roasters | 4,761 SF | 2027-02 |
Area demographics
Trade area within 3 miles of the property.
Population
115,774
Households
43,347
Median income
$97,500
Median age
31.7
Daytime population
136,724
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 930 Pemberton Rd, 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.