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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by Coral Uster Oakwyn Realty Ltd.

$ 2,599,999

Est. payment | -/mo

7,726 SqFt

Save Virtual Tour

$ 2,599,999

Est. payment | -/mo

Save Virtual Tour

7,726 SqFt

Key Details

Property Type Commercial Sale

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,726 sqft

Price per Sqft $336

MLS Listing ID 1028840

HOA Y/N No

Year Built 1901

Annual Tax Amount $16,253

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Multi Family

Property Description

Situated in a vibrant, character-rich neighbourhood, this distinguished heritage property offers a rare investment opportunity combining timeless architecture with strong income potential. The stately exterior showcases ornate woodwork, expansive windows, grand columns, and a welcoming wrap-around veranda, creating exceptional curb appeal and a lasting first impression. Inside, the property has been legally configured into ten unique rental suites. Units feature impressive ceiling heights along with restored hardwood flooring, classic moldings, and charming fireplaces. These elements create an elevated living experience that continues to attract quality tenants seeking both character and comfort.
The property delivers strong, reliable performance, generating approximately $18,000 per month in rental income.
Ideally located with a walk score of 73 and transit at your doorstep!

Location

Province BC

County Capital Regional District

Community Vi Fernwood

Area Victoria

Zoning GRD-1(PGA)

Direction Located at the corner of Yates & Fernwood.

Interior

Heating Electric

Cooling None

Flooring Carpet, Hardwood, Mixed

Equipment Sump Pump

Fireplace No

Exterior

Exterior Feature Balcony/Deck, Fenced, Fencing: Full, Garden

View Y/N No

Garage No

Building

Lot Description Corner Lot

Foundation Concrete Perimeter, Stone

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

Special Listing Condition Updated/Remodeled

Virtual Tour https://www.youtube.com/watch?v=-mkakpGnmDM

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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1270 Yates St Victoria, BC V8V 3N3