Homes for sale - 1157 Princess Ave, Victoria, BC V8T 1L2

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Catherine Potin

catherine.potin@engelvoelkers.com +1(250) 893-3308

$ 1,650,000

Est. payment -/mo

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Active

1157 Princess Ave Victoria, BC V8T 1L2

4 Beds

5 Baths

3,198 SqFt

UPDATED:

08/07/2024 06:00 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,198 sqft

Price per Sqft $515

MLS Listing ID 972587

Style Main Level Entry with Lower/Upper Lvl(s)

Bedrooms 4

Rental Info Unrestricted

Year Built 1911

Annual Tax Amount $6,866

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 60x120

Property Description

Exceptional Investment Opportunity in Fernwood. Unveil a unique investment gem in the heart of Fernwood with this 4-unit character conversion property. Well-preserved to highlight its original architectural details, this residence unites historic elegance with contemporary comfort. Each of the 4 charming 1-bedroom units is ideal for singles or couples, boasting hardwood floors, generous kitchens, and impressive ceilings—10 feet on the main floor and 9 feet on the upper level. The property also includes a non-legal bachelor suite in the basement, adding potential for additional income. This character conversion property is a prime investment for keen investors. With the high demand for distinctive rental spaces, this 4-unit beauty is poised to attract tenants swiftly. Located near bus routes, schools, shopping, and all the amenities Victoria has to offer, convenience is at your doorstep. Seize this rare opportunity to invest in a truly exceptional property in Fernwood.

Location

Province BC

County Capital Regional District

Area Victoria

Zoning R-2 Two Family Dwelling

Rooms

Basement Partially Finished

Main Level Bedrooms 2

Kitchen 5

Interior

Heating Baseboard

Cooling None

Flooring Hardwood, Vinyl, Wood

Heat Source Baseboard

Laundry Common Area

Exterior

Exterior Feature Fencing: Partial, Low Maintenance Yard

Parking Features Carport, Carport Triple, Detached, On Street

Carport Spaces 4

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Lot Description Central Location, Easy Access, Level, Shopping Nearby, Sidewalk

Building Description Frame Wood,Wood, Transit Nearby

Faces North

Foundation Poured Concrete, Slab

Sewer Sewer Connected

Water Municipal

Architectural Style Arts & Crafts

Structure Type Frame Wood,Wood

Others

Pets Allowed Yes

Tax ID 009-336-419

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by eXp Realty

Catherine Potin

Advisor

+1(250) 893-3308

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