711 Treanor Avenue, Langford, BC

The Avison Young Multi-Family Team is pleased to present Treanor Terrace, a premier multi-family investment opportunity located at 711 Treanor Avenue, Langford, BC (the “Property”).

Constructed in 2021, Treanor Terrace is strategically positioned along a primary arterial corridor in central Langford, providing residents with seamless access to retail, grocery, and lifestyle amenities throughout Langford and the Greater Victoria region.

The Property sits on a substantial 62,646 square foot lot and offers a well-diversified suite mix of studio, one, two, and three-bedroom residential units, alongside one ground-floor commercial unit. Premium amenities include a fitness centre, games room, dog wash station, underground parking, and in-suite air conditioning. Held in a bare trust, the Property provides the prospective purchaser with an opportunity to save on property transfer tax (PTT) through a share sale purchase.

Treanor Terrace represents an exceptional opportunity to acquire a purpose-built, recently constructed rental asset underpinned by stable operating history in a dynamic Vancouver Island market.

• Purpose-built, six-storey, ninety-five (95) unit market rental building constructed in 2021 by Ironclad Developments - one of BC’s most reputable multi-family developers
• Desirable suite mix of studios, one-, two-, and three-bedroom units, all featuring air conditioning, in-suite laundry, and modern high-end finishes throughout
• Stabilized asset with a proven four-year operating history, minimal vacancies, and strong in-place rents
• Assumable CMHC-insured debt of $33,250,440 at a below-market interest rate of 3.25%
• Held in a bare trust, offering the purchaser the opportunity to save on property transfer tax
• Ideally situated steps from Costco, Millstream Village Shopping Centre, and the Trans-Canada Highway