1157 Princess Ave
Victoria
V8T 1L2
$1,650,000
Residential
beds: 4
baths: 5.0
3,198 sq. ft.
built: 1911
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 972587
- Bedrooms:
- 4
- Bathrooms:
- 5
- Year Built:
- 1911
- Photos (34)
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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.
- Property Type:
- Residential
- Type:
- Quadruplex
- Year built:
- 1911 (Age: 113)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 3,198 sq. ft.
- Listing General Location:
- Vi Fernwood, Victoria
- Bedrooms:
- 4
- Bathrooms:
- 5.0 (Full:-/Half:-)
- Lot Size:
- 7,200 sq. ft.
- Lot Details:
- 60x120
- Kitchens:
- 5
- Home Style:
- Arts & Crafts
- Taxes:
- Signup
- Building Features:
- Transit Nearby
- Construction:
- Frame Wood, Wood
- New Construction:
- No
- Basement:
- Partially Finished
- Foundation:
- Concrete Perimeter, Slab
- Roof:
- Asphalt Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Hardwood, Vinyl, Wood
- Total Building Area:
- 4,433 sq. ft.
- Total Unfinished Area:
- 1,235 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 2
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 2
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 318 sq. ft.
- Living Area Main Floor:
- 1,455 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,435 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Baseboard
- Fireplace:
- No
- Warranty:
- No
- Pending Date:
- Signup
- Fencing: Partial, Low Maintenance Yard
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Bed and Breakfast:
- Potential
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 4
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- North
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Central Location, Easy Access, Level, Shopping Nearby, Sidewalk
- Attached Garage:
- No
- Carport Spaces:
- 4
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Carport, Carport Triple, Detached, On Street
- Total Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- Aug 07, 2024
- Original Price:
- 1650000.0
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Listed by eXp Realty
Data was last updated November 18, 2024 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $779,000
- Min list price:
- $449,900
- Max list price:
- $1,650,000
- Avg days on market:
- 57
- Min days on market:
- 6
- Max days on market:
- 181
- Avg price per sq.ft.:
- $579.98
These statistics are generated based on the current listing's property type
and located in
Vi Fernwood. Average values are
derived using median calculations.
- NICOLE PELAN
- RE/MAX CAMOSUN - OAK BAY
- 1 (250) 8969651
- Contact by Email
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RE/MAX Camosun
2239 Oak Bay Ave
Victoria, BC, V8R 1G4