Fairfield West

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1069 Southgate St
Vi Fairfield West Victoria V8V 2Z1

$3,500,000
Commercial Sale

Main Photo: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
Photo 1: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
Photo 2: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
Photo 3: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
Photo 4: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
Photo 5: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
Photo 6: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
Photo 7: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
Photo 8: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
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Photo 11: 1069 Southgate St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1003021
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1003021
Presenting for sale 1069 Southgate Avenue in Victoria, BC. This exceptionally-well maintained vintage apartment, named Casa Verde, features 12 residential suites. Situated steps from Cook Street Village, this ideally located multi-family property offers tenants an unmatched blend of village style amenities and proximity to iconic waterfront parklands, all while only minutes from Downtown Victoria. With under market rents (61% spread to market) owners will benefit from income upside in a neighbourhood with extremely high rental demand.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
Vi Fairfield West, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6,480 sq. ft.
Taxes:
$13,666 / 2024
Total Building Area:
9,390 sq. ft.
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
1.0
Assessment year:
2025
Jurisdiction name:
City of Victoria
Legal Description:
LOT 17, FAIRFIELD FARM ESTATE, VICTORIA CITY, PLAN 28
Parking Features:
On Site
Total Units:
12
Date Listed:
Jun 11, 2025
Original Price:
3500000.0
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Listed by CBRE Limited
Data was last updated July 17, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,762,500
Min list price:
$120,000
Max list price:
$6,300,000
Avg days on market:
104
Min days on market:
10
Max days on market:
462
These statistics are generated based on the current listing's property type and located in Vi Fairfield West. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.