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Exceptional investment opportunity in the heart of Victoria. This immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.1% 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, exceptional physical condition, and no known deferred maintenance.

Pride of ownership is evident throughout and the condition of this property must be seen to be appreciated. Exceptionally clean, updated, and meticulously maintained suites offer bright living spaces, well kept kitchens and baths, irrigated yard space, shared bike storage, common coin operated laundry for tenants, and owner/caretaker utility and storage areas. Meticulously cared for over the years, this is a rare “plug and play” investment where the heavy lifting has already been done, allowing owners to step into a stable, income producing asset from day one.

A rare and valuable feature, Suites 6 and 7 are detached from the main building, creating ideal flexibility for owner occupancy, caretaker accommodation, extended family, guest use, or premium rental opportunities. This unique configuration provides versatility rarely found in multi unit investment properties.

Ideally located just minutes to Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, transit, schools, and major commuter routes, this central location continues to support strong tenant demand and long term rental stability.

An exceptional opportunity to acquire a premium multi unit investment property in a prime Victoria location, offering strong existing income, exceptional condition, and compelling long term investment appeal.

Listed by eXp Realty
Price Change History
Date
Old Price
New Price
Jun 15, 2026
$2,100,000
$1,975,000 $125,000
Property Type Condo / Townhouse
Bedrooms 7
Bathrooms 8
Floor Space 5001
Lot Size 0.14 acres
Year Built 1903
Unfin. Sq. Ft. 104
Level 1 Sq Ft 3651
Level 2 Sq Ft 1420
Level 3 Sq Ft 1350
Lot Size 6440 square feet
Basement Other
Parking Driveway, On Street
Laundry Common Area, Other
Cooling None

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

Contact Peter

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