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Victoria's lowest entry point for a 5-unit revenue property rewards the right buyer with verified financials, stable tenancies, and income records going back over a decade. Professionally managed since March 2015, this investment includes 4×1-bed suites and 1×2-bed suite, 5 parking spots, bike storage, and coin laundry. Walkable access to groceries, transit, and services in Oak Bay/Jubilee is exactly what keeps the units filled, and gross annual revenue of $75,732 reflects stable, long-term tenancies. Hands-on investors have room to improve their cap rate: self-management eliminates management fees, and taking on the low-maintenance landscaping reduces operating costs further. This is the ideal entry point for the solo investor adding their first multi-unit to a growing portfolio, or a small group ready to put their capital to work together.

Listed by Clover Residential Ltd.
Price Change History
Date
Old Price
New Price
Jun 2, 2026
$1,379,000
$1,279,000 $100,000
Property Type Condo / Townhouse
Bedrooms 6
Bathrooms 5
Floor Space 3465
Lot Size 0.14 acres
Year Built 1910
Fireplace 2
Unfin. Sq. Ft. 203
Level 1 Sq Ft 1368
Level 2 Sq Ft 1308
Level 3 Sq Ft 789
Lot Size 6180 square feet
Basement None
Parking Driveway
Laundry Common Area
Cooling None

Sothebys International Realty Canada
752 Douglas Street
Victoria , BC
V8W 3M6

Contact Peter

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