1157 Princess Ave, Victoria, BC, V8T 1L2

$1,549,999

MLS® # 1021210

Investment For Sale In Fernwood, Victoria, British Columbia

$1,549,999

Property Information:

Discover a rare investment gem in the heart of Fernwood—a well-maintained 4-unit character conversion that blends historic charm with modern comfort. Original architectural details shine throughout, paired with inviting living spaces that tenants love.Each of the four 1-bedroom suites features hardwood floors, spacious kitchens, and impressive ceiling heights—10 feet on the main level and 9 feet upstairs. A non-legal bachelor suite in the basement adds valuable income potential.With high demand for unique, character-filled rentals, this property is a strong performer. Located steps from bus routes, schools, shopping, and all Victoria amenities, convenience is built in.Opportunities like this in Fernwood are rare—secure a standout income property in a sought-after neighbourhood.

Property Features:

  • Bedrooms: 4
  • Bathrooms: 5
  • Annual Tax Amount: $8,400
  • Architectural Style: Arts & Crafts
  • Basement: Partially Finished
  • Building Features: Transit Nearby
  • Built in: 1911
  • Construction Materials: Frame Wood, Wood
  • Cooling: None
  • Exterior Features: Fencing: Partial, Low Maintenance Yard
  • Floor Space (approx): 4433 Square Feet
  • Flooring: Hardwood, Vinyl, Wood
  • Foundation Details: Concrete Perimeter, Slab
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Lot Features: Central Location, Easy Access, Level, Shopping Nearby, Sidewalk
  • Lot Frontage: 7200 Square Feet
  • Lot Size: 7200.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Carport, Carport Triple, Detached, On Street
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Zoning: R-2 Two Family Dwelling
  • Zoning Description: Multi-Family
  • Sewer:
  • No. of Parking Spaces: 4

Rooms:

  • Other Main Level 5.03 m x 3.66 m Note: Entrance
  • Bedroom Main Level 2.74 m x 3.30 m
  • Bathroom Main Level
  • Bedroom Main Level 3.43 m x 4.19 m
  • Bathroom Main Level
  • Kitchen Main Level 1.65 m x 3.40 m
  • Kitchen Main Level 2.64 m x 3.66 m
  • Bedroom 2nd Level 3.78 m x 4.32 m
  • Kitchen 2nd Level 3.28 m x 2.01 m
  • Bedroom 2nd Level 3.05 m x 4.39 m

Courtesy of: eXp Realty

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.

Additional Photos