Avison Young Victoria is pleased to bring to market this charming well-appointed 9-unit multifamily building located on the southern periphery of Victoria, BC. Originally built as a single family residence, the wood frame building was converted in the mid 1960 ’s and is now comprised of 9 suites. The building has benefited from many upgrades and improvements over the years. Suites are separately metered for electricity (tenants pay), save for unit 7 which is on the house power and paid for by the landlord. The roof is torch on with asphalt shingles. Heating is provided by way of a gas fired boiler, and suites have hot water baseboard heaters (landlord pays heat).
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
Vi Fernwood, Victoria
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
5,250 sq. ft.488 m2
Taxes:
$9,637 /
2024
Total Building Area:
5,401 sq. ft.502 m2
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
2021000.0
Assessment year:
2025
Gross Income:
138247.0
Net Operating Income:
94873.0
Jurisdiction name:
City of Victoria
Legal Description:
LOT 3, PLAN VIP309, SECTION 74, VICTORIA LAND DISTRICT, S PT
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Listed by AY Victoria Realty Ltd.
Data was last updated June 6, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
90
Avg list price:
$1,175,000
Min list price:
$15,000
Max list price:
$6,700,000
Avg days on market:
80
Min days on market:
1
Max days on market:
872
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.