Active

1157 Princess Ave

Victoria BC, V8T 1L2

$1,650,000


$515.95 per sqft

Active

4 Beds

5 Baths

3,198 sqft

Multi-family

Built in 1911

Exceptional Investment Opportunity in Fernwood. Unveil a unique investment gem in the heart of Fernwood with this 4-unit character conversion property. Well-preserved to highlight its original architectural details, this residence unites historic elegance with contemporary comfort. Each of the 4 charming 1-bedroom units is ideal for singles or couples, boasting hardwood floors, generous kitchens, and impressive ceilings--10 feet on the main floor and 9 feet on the upper level. The property also includes a non-legal bachelor suite in the basement, adding potential for additional income. This character conversion property is a prime investment for keen investors. With the high demand for distinctive rental spaces, this 4-unit beauty is poised to attract tenants swiftly. Located near bus routes, schools, shopping, and all the amenities Victoria has to offer, convenience is at your doorstep. Seize this rare opportunity to invest in a truly exceptional property in Fernwood.

972587

MLS ID

August 7, 2024

Listed

October 14, 2024

Updated

Map

1157 Princess Ave
Victoria BC, V8T 1L2

Interior Features

Bedrooms

4


Total Bathrooms

5


Laundry Description

Common Area


Floor Description

Hardwood, Vinyl, Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.17 Acres


Exterior Features

Fencing: Partial, Low Maintenance Yard


Lot Features

Central Location, Easy Access, Level, Shopping Nearby, Sidewalk


Architectual Style

Arts & Crafts


Roof

Asphalt Shingle


Sewer

Sewer Connected

Other Property Details

Area Name

Victoria


Taxes

$6,866


Tax Frequency

Annually


Garage

No


Parking

Carport, Carport Triple, Detached, On Street


Parking Total

4


View

No


County

Capital Regional District


Water Source

Municipal


Pool

No


Zoning

R-2 Two Family Dwelling

Courtesy of eXp Realty, Jerry Bola

Listing Contact: 250-661-3078 

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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ainsley Gower shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.  Used under license.

Reciprocity Program

©2024 Vancouver Island Real Estate Board and Victoria Real Estate Board. All rights reserved.

the Victoria Real Estate Board

Powered byLuxury Presence