Victoriaproperties.com Search Results

$1,850,000

Exceptional investment opportunity in the heart of Victoria. This immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.55% cap rate, and outstanding long term holding potential in one of Victoria’s most consistently high demand rental markets. Investor alert, this is a rare opportunity to acquire a true turnkey multi unit asset with strong in place income and no known deferred maintenance. Pride of ownership is evident throughout, with exceptionally clean, updated, and meticulously maintained suites, irrigated yard space, shared bike storage, coin operated laundry, and owner/caretaker utility and storage areas. Suites 6 and 7 are detached, creating flexibility for owner occupancy, caretaker use, or premium rental opportunities. Minutes to Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, transit, and major commuter routes. Rare turnkey investment in exceptional condition.

7 Beds ⋅ 8 Baths ⋅ 1043765 MLS

Exceptional investment opportunity in the heart of Victoria. This immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.55% cap rate, and outstanding long term holding potential in one of Victoria’s most consistently high demand rental markets. Investor alert, this is a rare opportunity to acquire a true turnkey multi unit asset with strong in place income and no known deferred maintenance. Pride of ownership is evident throughout, with exceptionally clean, updated, and meticulously maintained suites, irrigated yard space, shared bike storage, coin operated laundry, and owner/caretaker utility and storage areas. Suites 6 and 7 are detached, creating flexibility for owner occupancy, caretaker use, or premium rental opportunities. Minutes to Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, transit, and major commuter routes. Rare turnkey investment in exceptional condition.

1120 Caledonia Ave, Victoria

Courtesy of eXp Realty

$1,899,900

A Handsome Fairfield triplex near the sea with ocean glimpses. This one is well set up with nice curb appeal. Legal non-conforming 1913-built home that was raised to create a triplex in 1978. Upper and Lower suite recently renovated and in great condition. The tenants pay all utilities except water. Separate meters. The suites are well laid out , with elements of character including high ceilings. The main and upper units have sea glimpses. There's a shared coin-operated laundry as well as laundry hook up for in unit laundry for the lower level. Garage has been converted to a storage building for tenants use, can easily be converted back. Leases in place, great tenants. Amazing opportunity to acquire a turn key income property in one of Victoria's most desirable neighbourhoods.

7 Beds ⋅ 3 Baths ⋅ 1043979 MLS

A Handsome Fairfield triplex near the sea with ocean glimpses. This one is well set up with nice curb appeal. Legal non-conforming 1913-built home that was raised to create a triplex in 1978. Upper and Lower suite recently renovated and in great condition. The tenants pay all utilities except water. Separate meters. The suites are well laid out , with elements of character including high ceilings. The main and upper units have sea glimpses. There's a shared coin-operated laundry as well as laundry hook up for in unit laundry for the lower level. Garage has been converted to a storage building for tenants use, can easily be converted back. Leases in place, great tenants. Amazing opportunity to acquire a turn key income property in one of Victoria's most desirable neighbourhoods.

31 Bushby St, Victoria

Courtesy of eXp Realty

$1,575,000

Character in a multi-family home. Welcome to Hillcrest House, a renovated 1907 Edwardian residence and legal triplex with city and ocean views, walking distance to downtown Victoria and the Inner Harbour. Updated while retaining its original character, the home offers three self-contained suites with separate entrances. Unit 609 features spacious living and dining rooms, a primary bedroom, 4-piece bath, bright kitchen with ocean views, a powder room, and access to the back deck and garden. Unit 613 is a private 1-bedroom, 1-bathroom suite with its own kitchen, plus a sitting room currently used as a study by Unit 609. Upstairs, Unit 611 offers two bedrooms, two bathrooms, an office, open-concept living space, kitchen, laundry hookups, skylights, and south-facing windows with city and ocean views. Features include newer appliances, updated plumbing and electrical, 200-amp service, heat pumps with air conditioning, a detached studio, wraparound veranda, and ample basement storage.

4 Beds ⋅ 5 Baths ⋅ 1042414 MLS

Character in a multi-family home. Welcome to Hillcrest House, a renovated 1907 Edwardian residence and legal triplex with city and ocean views, walking distance to downtown Victoria and the Inner Harbour. Updated while retaining its original character, the home offers three self-contained suites with separate entrances. Unit 609 features spacious living and dining rooms, a primary bedroom, 4-piece bath, bright kitchen with ocean views, a powder room, and access to the back deck and garden. Unit 613 is a private 1-bedroom, 1-bathroom suite with its own kitchen, plus a sitting room currently used as a study by Unit 609. Upstairs, Unit 611 offers two bedrooms, two bathrooms, an office, open-concept living space, kitchen, laundry hookups, skylights, and south-facing windows with city and ocean views. Features include newer appliances, updated plumbing and electrical, 200-amp service, heat pumps with air conditioning, a detached studio, wraparound veranda, and ample basement storage.

609 Mary St, Victoria

Courtesy of RE/MAX Camosun

$2,250,000

Rare opportunity to acquire a well-maintained revenue property in the heart of Fairfield. Offering over 4,500 sq. ft. of finished living space with five suites, this character property has been thoughtfully updated while retaining its original charm, including beautiful hardwood floors and classic period details. Tasteful renovations completed throughout the property provide an attractive, low-maintenance investment with strong long-term appeal. Currently generating approximately $12,300 per month in gross rental income, the property features a desirable suite mix of three 1-bedroom suites, one 2-bedroom suite, and one 3-bedroom suite, along with shared laundry, bike storage, and additional tenant storage. Located in the highly sought-after Moss Street neighbourhood, just minutes from Cook Street Village, Beacon Hill Park, Dallas Road, and downtown Victoria, this is an outstanding opportunity to add a quality Fairfield investment property to your portfolio.

8 Beds ⋅ 6 Baths ⋅ 1043130 MLS

Rare opportunity to acquire a well-maintained revenue property in the heart of Fairfield. Offering over 4,500 sq. ft. of finished living space with five suites, this character property has been thoughtfully updated while retaining its original charm, including beautiful hardwood floors and classic period details. Tasteful renovations completed throughout the property provide an attractive, low-maintenance investment with strong long-term appeal. Currently generating approximately $12,300 per month in gross rental income, the property features a desirable suite mix of three 1-bedroom suites, one 2-bedroom suite, and one 3-bedroom suite, along with shared laundry, bike storage, and additional tenant storage. Located in the highly sought-after Moss Street neighbourhood, just minutes from Cook Street Village, Beacon Hill Park, Dallas Road, and downtown Victoria, this is an outstanding opportunity to add a quality Fairfield investment property to your portfolio.

337 Moss St, Victoria

Courtesy of Newport Realty Ltd.

$1,499,900

Welcome to 2329 Dowler Place, a rare Victoria offering with 6 self-contained suites and 4,422 sq. ft. of finished space. This well-maintained multi-family property offers strong rental income potential in a prime location near parks, shopping, transit, and downtown. The main floor has two units, including a bright 3-bedroom with spacious living areas, dining room, and private deck. Upstairs are three bachelor suites with open layouts, while the lower level features a large 3-bedroom with kitchen, living room, and laundry. A detached 1-bedroom suite adds flexibility. Units range from 1–3 bedrooms, attracting a diverse tenant mix. The building boasts ample natural light, efficient layouts, and outdoor spaces including decks and an enclosed balcony. Updated systems and well-planned common areas enhance appeal. Ideal for investors, multi-generational living, or those seeking a prime addition to their portfolio, this property delivers value in a highly accessible neighborhood.

7 Beds ⋅ 5 Baths ⋅ 1040768 MLS

Welcome to 2329 Dowler Place, a rare Victoria offering with 6 self-contained suites and 4,422 sq. ft. of finished space. This well-maintained multi-family property offers strong rental income potential in a prime location near parks, shopping, transit, and downtown. The main floor has two units, including a bright 3-bedroom with spacious living areas, dining room, and private deck. Upstairs are three bachelor suites with open layouts, while the lower level features a large 3-bedroom with kitchen, living room, and laundry. A detached 1-bedroom suite adds flexibility. Units range from 1–3 bedrooms, attracting a diverse tenant mix. The building boasts ample natural light, efficient layouts, and outdoor spaces including decks and an enclosed balcony. Updated systems and well-planned common areas enhance appeal. Ideal for investors, multi-generational living, or those seeking a prime addition to their portfolio, this property delivers value in a highly accessible neighborhood.

2329 Dowler Pl, Victoria

Courtesy of eXp Realty

$2,100,000

This extraordinary property offers a once-in-a-generation opportunity. “Auberge Victoria” blends character, income potential & lifestyle in a way few properties can with over 3,600sqft of living space across 5 complete & modern suites. The charming French Cottage offers 3bd + den, 2ba & bright living spaces that open seamlessly to the beautiful backyard - a private sanctuary that feels worlds away from the city surrounding it. The Carriage House, Magnolia & Garden studio suites, along with the 1bd Postern suite, each provide their own outdoor space & updated kitchens. Beyond the impressive floorplan & suite options, the property continues to surprise with multiple laundry facilities, yoga studio & workshop. All of this is positioned just steps from Victoria’s best restaurants, cafés & countless local landmarks. If you’re a savvy real estate investor, visionary buyer or multigenerational family, this property is going to unlock your creativity to generate the life you’ve always wanted.

7 Beds ⋅ 6 Baths ⋅ 1037148 MLS

This extraordinary property offers a once-in-a-generation opportunity. “Auberge Victoria” blends character, income potential & lifestyle in a way few properties can with over 3,600sqft of living space across 5 complete & modern suites. The charming French Cottage offers 3bd + den, 2ba & bright living spaces that open seamlessly to the beautiful backyard - a private sanctuary that feels worlds away from the city surrounding it. The Carriage House, Magnolia & Garden studio suites, along with the 1bd Postern suite, each provide their own outdoor space & updated kitchens. Beyond the impressive floorplan & suite options, the property continues to surprise with multiple laundry facilities, yoga studio & workshop. All of this is positioned just steps from Victoria’s best restaurants, cafés & countless local landmarks. If you’re a savvy real estate investor, visionary buyer or multigenerational family, this property is going to unlock your creativity to generate the life you’ve always wanted.

1145 Meares St, Victoria

Courtesy of Royal LePage Coast Capital - Chatterton

$1,435,000

Welcome to this well-maintained, character triplex in the heart of popular Fernwood. A unique property in versatility, ideal for owner occupancy with supplemental rental income, multi generational living or investors. Approximately $92,000 gross annual revenue, Currently configured as 6 self contained suites with the ability to easily combine the lower with upper levels to create 3 spacious family sized residences: suites 1&5, 2&6, 3&4. The main residence -Suite 1 & 5 are both vacant and ready for immediate occupancy. There is common coin-op laundry & rare driveway parking for 3 vehicles with additional street parking. Situated on a sunny, level 7000 ft.² lot, both front and backyards provide excellent exposure for gardening, entertaining or future landscaping. Prime urban location on a tree-lined street half a block from Vic High School, walking distance to Fernwood Square, local cafés and shops, Crystal Pool and Fitness Centre, Summit Park, Downtown Victoria, close to transit .

6 Beds ⋅ 6 Baths ⋅ 1038079 MLS

Welcome to this well-maintained, character triplex in the heart of popular Fernwood. A unique property in versatility, ideal for owner occupancy with supplemental rental income, multi generational living or investors. Approximately $92,000 gross annual revenue, Currently configured as 6 self contained suites with the ability to easily combine the lower with upper levels to create 3 spacious family sized residences: suites 1&5, 2&6, 3&4. The main residence -Suite 1 & 5 are both vacant and ready for immediate occupancy. There is common coin-op laundry & rare driveway parking for 3 vehicles with additional street parking. Situated on a sunny, level 7000 ft.² lot, both front and backyards provide excellent exposure for gardening, entertaining or future landscaping. Prime urban location on a tree-lined street half a block from Vic High School, walking distance to Fernwood Square, local cafés and shops, Crystal Pool and Fitness Centre, Summit Park, Downtown Victoria, close to transit .

1620 Camosun St, Victoria

Courtesy of Macdonald Realty Victoria

$2,650,000

Rare turn-key investment opportunity in Rockland! Historic Dundalk Manor offers incredible curb appeal and revenue featuring 8 legal studio, one and two bedroom suites. Recently renovated (with permits) and painted (2024) while retaining historical details and charm. New 400 AMP electrical service (individual meters), new plumbing, kitchens, bathrooms, and low-maintenance/ irrigated landscaping. 40 year roof (2011) and remotely monitored fire sprinkler system (2020). Coveted location: walk to Cook Street, Downtown Victoria, Beacon Hill Park, shops, restaurants and all amenities. Transit steps away, and a walk score of 91! Two on-site parking spaces, secure bike storage, additional tenant storage and new commercial laundry machines (being installed June 2026). Solid rental history with low vacancy rates and wonderful tenants. Don't wait! This one-of-a-kind historically designated property won't last!

8 Beds ⋅ 8 Baths ⋅ 1036083 MLS

Rare turn-key investment opportunity in Rockland! Historic Dundalk Manor offers incredible curb appeal and revenue featuring 8 legal studio, one and two bedroom suites. Recently renovated (with permits) and painted (2024) while retaining historical details and charm. New 400 AMP electrical service (individual meters), new plumbing, kitchens, bathrooms, and low-maintenance/ irrigated landscaping. 40 year roof (2011) and remotely monitored fire sprinkler system (2020). Coveted location: walk to Cook Street, Downtown Victoria, Beacon Hill Park, shops, restaurants and all amenities. Transit steps away, and a walk score of 91! Two on-site parking spaces, secure bike storage, additional tenant storage and new commercial laundry machines (being installed June 2026). Solid rental history with low vacancy rates and wonderful tenants. Don't wait! This one-of-a-kind historically designated property won't last!

1171 Rockland Ave, Victoria

Courtesy of Engel & Volkers Vancouver Island

$2,599,999

Own a piece of history. Tucked into a vibrant, character-rich neighborhood, this iconic 1901 heritage building blends timeless charm with strong income potential. With ornate woodwork, tall windows, oversized columns, and a wrap-around veranda, its presence is both elegant and enduring. Inside are 10 unique rental units featuring high ceilings (up to 11 ft), original hardwood floors, decorative moldings, and antique gas fireplaces—details that tell a story you simply won’t find in modern construction. Thoughtfully maintained, the property includes updated plumbing, electrical, and heating systems, along with functional kitchens and bathrooms. Ten units generating high rental income, attracting tenants drawn to both character and location. Surrounded by mature trees and just steps to shops, cafés, and parks, this is a rare opportunity to invest in something truly special—where history, lifestyle, and income come together beautifully.

11 Beds ⋅ 10 Baths ⋅ 1028842 MLS

Own a piece of history. Tucked into a vibrant, character-rich neighborhood, this iconic 1901 heritage building blends timeless charm with strong income potential. With ornate woodwork, tall windows, oversized columns, and a wrap-around veranda, its presence is both elegant and enduring. Inside are 10 unique rental units featuring high ceilings (up to 11 ft), original hardwood floors, decorative moldings, and antique gas fireplaces—details that tell a story you simply won’t find in modern construction. Thoughtfully maintained, the property includes updated plumbing, electrical, and heating systems, along with functional kitchens and bathrooms. Ten units generating high rental income, attracting tenants drawn to both character and location. Surrounded by mature trees and just steps to shops, cafés, and parks, this is a rare opportunity to invest in something truly special—where history, lifestyle, and income come together beautifully.

1270 Yates St, Victoria

Courtesy of Oakwyn Realty Ltd.

$1,785,000

The Woodbury - Great opportunity to acquire a turn-key, well maintained 5 unit character converted building. Located in Victoria's most coveted seaside community of James Bay - steps to Beacon Hill Park, walking distance to the waterfront, downtown core and all desired amenities. Well kept building with stable, near market rents that generates $108,000 per year (5 Capp). Numerous updates over the years including new windows, decks and unit improvements. Separate storage for each suite, common coin-op laundry room and rare off-street parking for all 5 suites. Situated on a 7100sq ft lot amongst higher density, this is an incredible holding property that offers great latent value.

5 Beds ⋅ 5 Baths ⋅ 1033499 MLS

The Woodbury - Great opportunity to acquire a turn-key, well maintained 5 unit character converted building. Located in Victoria's most coveted seaside community of James Bay - steps to Beacon Hill Park, walking distance to the waterfront, downtown core and all desired amenities. Well kept building with stable, near market rents that generates $108,000 per year (5 Capp). Numerous updates over the years including new windows, decks and unit improvements. Separate storage for each suite, common coin-op laundry room and rare off-street parking for all 5 suites. Situated on a 7100sq ft lot amongst higher density, this is an incredible holding property that offers great latent value.

239 St. Andrews St, Victoria

Courtesy of Macdonald Realty Victoria

$1,580,000

Nestled in a quiet pocket of Oaklands just two blocks from Hillside Mall, this meticulously maintained LEGAL 4-plex is a rare opportunity to secure a strong, income-producing investment. Originally built in the 1920s, the home was moved to its current location and converted to a 4-plex with permits in 1989. Set on a private 13,000+ sq ft panhandle lot, the property offers three bright 2-bedroom suites and one spacious 1-bedroom + den, each with separate entrances, individual meters, hot water tanks, and outdoor space. Character details include 10-foot ceilings and loft-style bedrooms in the upper units, while the garden suites provide generous layouts filled with natural light. Practical features include 300-amp service, common laundry, updated windows, and a double garage (one side converted to storage). With direct transit to UVIC, Camosun, and downtown, this property offers both immediate rental income and excellent long-term holding value. Fully tenanted with a showing schedule.

7 Beds ⋅ 4 Baths ⋅ 1031665 MLS

Nestled in a quiet pocket of Oaklands just two blocks from Hillside Mall, this meticulously maintained LEGAL 4-plex is a rare opportunity to secure a strong, income-producing investment. Originally built in the 1920s, the home was moved to its current location and converted to a 4-plex with permits in 1989. Set on a private 13,000+ sq ft panhandle lot, the property offers three bright 2-bedroom suites and one spacious 1-bedroom + den, each with separate entrances, individual meters, hot water tanks, and outdoor space. Character details include 10-foot ceilings and loft-style bedrooms in the upper units, while the garden suites provide generous layouts filled with natural light. Practical features include 300-amp service, common laundry, updated windows, and a double garage (one side converted to storage). With direct transit to UVIC, Camosun, and downtown, this property offers both immediate rental income and excellent long-term holding value. Fully tenanted with a showing schedule.

2920 Shakespeare St, Victoria

Courtesy of Royal LePage Coast Capital - Chatterton

$1,689,980

This exceptional 1905 heritage-designated residence is a rare architectural jewel, thoughtfully restored and legally configured as a multi-plex. Features 5 kitchens and 6 bathrooms, offering several well-appointed two-bedroom suites. The top floor presents the potential for a spacious four-bedroom, two-bathroom, two-level owner’s suite, complete with multiple private deck areas. Extensive upgrades, seamlessly blending modern convenience with preserved period character. The entire structure was comprehensively rebuilt and restored—inside and out—in the early 2000s, earning award recognition for its craftsmanship and dedication to heritage integrity. Situated on two legal lots, the property also includes a detached non-residential cottage (Unit #6) on the rear lot. Highlights include ample off-street parking and a beautifully landscaped front garden adorned with mature fruit trees, enhancing the home’s timeless charm and curb appeal.

7 Beds ⋅ 6 Baths ⋅ 1027176 MLS

This exceptional 1905 heritage-designated residence is a rare architectural jewel, thoughtfully restored and legally configured as a multi-plex. Features 5 kitchens and 6 bathrooms, offering several well-appointed two-bedroom suites. The top floor presents the potential for a spacious four-bedroom, two-bathroom, two-level owner’s suite, complete with multiple private deck areas. Extensive upgrades, seamlessly blending modern convenience with preserved period character. The entire structure was comprehensively rebuilt and restored—inside and out—in the early 2000s, earning award recognition for its craftsmanship and dedication to heritage integrity. Situated on two legal lots, the property also includes a detached non-residential cottage (Unit #6) on the rear lot. Highlights include ample off-street parking and a beautifully landscaped front garden adorned with mature fruit trees, enhancing the home’s timeless charm and curb appeal.

1418 Fernwood Rd, Victoria

Courtesy of Sutton Group West Coast Realty

$1,999,999

Set on a charming tree-lined street, 737 Vancouver Street is one of eight distinguished homes envisioned by architect John Teague for Hedley Chapman in 1892. Thoughtfully reimagined into four stylish rental suites, the home underwent a complete renovation in 2014, executed with precision and no detail overlooked with design by Ryan Hoyt. The timeless character remains, featuring exposed brick, fir flooring, and soaring ceilings that celebrate its heritage. Each private suite offers sound and fire separation, its own water and hydro meters, laundry, hot water tank, and storage locker. Expansive windows flood the interiors with natural light. Perfectly positioned only blocks from Cook Street Village and downtown, it provides easy access to shops, cafés, and amenities. A detached single-car garage adds further income possibilities. Designed for effortless ownership, this exceptional property offers the ideal balance of classic craftsmanship and modern refinement.

6 Beds ⋅ 5 Baths ⋅ 1024888 MLS

Set on a charming tree-lined street, 737 Vancouver Street is one of eight distinguished homes envisioned by architect John Teague for Hedley Chapman in 1892. Thoughtfully reimagined into four stylish rental suites, the home underwent a complete renovation in 2014, executed with precision and no detail overlooked with design by Ryan Hoyt. The timeless character remains, featuring exposed brick, fir flooring, and soaring ceilings that celebrate its heritage. Each private suite offers sound and fire separation, its own water and hydro meters, laundry, hot water tank, and storage locker. Expansive windows flood the interiors with natural light. Perfectly positioned only blocks from Cook Street Village and downtown, it provides easy access to shops, cafés, and amenities. A detached single-car garage adds further income possibilities. Designed for effortless ownership, this exceptional property offers the ideal balance of classic craftsmanship and modern refinement.

737 Vancouver St, Victoria

Courtesy of Engel & Volkers Vancouver Island

$1,499,999

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.

4 Beds ⋅ 5 Baths ⋅ 1021210 MLS

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.

1157 Princess Ave, Victoria

Courtesy of eXp Realty