700 POPLAR STREET
Vancouver Island · V9S2H6
$3,100,000
About this residence
Well-maintained 14-unit apartment building in a prime central location offering strong in-place income with clear upside. The suite mix includes twelve spacious 1-bedroom units (approx. 700 sq ft) and two large 2-bedroom units (approx. 1,100 sq ft), many with ocean views. Ideally positioned close to all amenities with covered tenant parking beneath two levels of apartments. Significant recent capital improvements include new roof (2020), siding (2019) and building hot water tank (2025), plus four renovated units in the past 4 years. Built in 1964 on three separately titled city lots totaling over 19,000 sq ft and zoned R8, presenting future redevelopment or densification potential. Stable tenancy with long-term occupants and room to improve returns. Price is plus applicable GST. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Lot size
- 19215
- Year built
- 1964
- Annual tax
- $15,474
- MLS®
- 1029875
- Board
- Vancouver Island
- Status
- Active
- Listed
- Mar 27, 2026
- Updated
- Mar 27, 2026
Features & finishes
Heating
- Hot Water
- Natural gas
Lot
- Level lot
- Central location
- Southern exposure
- Other
- Corner Site
- Marine Oriented
Views
- Mountain view
- Ocean view
Financing
Estimated monthly payment
$14,498/mo
Loan amount
$2,480,000
Down payment
$620,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
Nearby
About the area
Census · V9S- 17,977
- Population
- 46
- Median age
- $64,500
- Median income
- $500,000
- Median home value
- 53%
- Home ownership
- 19 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 700 POPLAR STREET?
700 POPLAR STREET is listed for $3,100,000, in Vancouver Island.
What type of home is 700 POPLAR STREET?
700 POPLAR STREET is a Multi-family, Multi-Family, built in 1964.
How large is 700 POPLAR STREET?
The home offers a lot measuring 19215.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $14,498. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $15,474 per year.
What is the Vancouver Island area like?
Vancouver Island has a population of about 17,977, a median age of 46, a 53% home-ownership rate, with an average commute of about 19 minutes.
What is the average home value in Vancouver Island?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Vancouver Island?
The median household income in this area is approximately $64,500.
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