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 July 26, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
107
Avg list price:
$1,200,000
Min list price:
$10,000
Max list price:
$13,500,000
Avg days on market:
100
Min days on market:
2
Max days on market:
922
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations. This data is not produced by the MLS® system.