370 Richmond Ave
Victoria
V8S 3Y1
$2,290,000
Residential
beds: 6
baths: 6.0
4,019 sq. ft.
built: 1947
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 996886
- Bedrooms:
- 6
- Bathrooms:
- 6
- Year Built:
- 1947
- Photos (58)
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Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases as well, with one expected to become vacant for May 1st. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details.
- Property Type:
- Residential
- Type:
- Quadruplex
- Year built:
- 1947 (Age: 78)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 4,019 sq. ft.
- Listing General Location:
- Vi Fairfield East, Victoria
- Bedrooms:
- 6
- Bathrooms:
- 6.0 (Full:-/Half:-)
- Lot Size:
- 5,600 sq. ft.
- Kitchens:
- 6
- Home Style:
- Art Deco
- Taxes:
- Signup
- Building Features:
- Bike Storage, Fire Alarm, Transit Nearby, See Remarks
- Construction:
- Stucco
- New Construction:
- No
- Basement:
- Partial
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Asphalt Torch On
- Ceiling Heights:
- Signup
- Floor finish:
- Laminate, Linoleum
- Total Building Area:
- 4,274 sq. ft.
- Total Unfinished Area:
- 255 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 6
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 2
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 2
- # Third Level Bathrooms:
- 2
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 2
- # Third Level Kitchens:
- 2
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 1,187 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,416 sq. ft.
- Living Area 3rd Floor:
- 1,416 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Additional Accommodations:
- Exists
- Cooling:
- Other
- Heating:
- Baseboard, Electric, Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Vinyl Frames
- Fencing: Partial, Low Maintenance Yard, See Remarks
- Corner of Fairfield and Richmond
- 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
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 6
- 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
- Utilities:
- Cable Connected, Compost, Electricity Connected, Garbage, Phone Available, Recycling, See Remarks
- Exposure / Faces:
- East
- Layout:
- Main Level Entry with Upper Level(s)
- Lot Site Features:
- Central Location, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Irrigation Sprinkler(s), Level, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 3
- Garage:
- Yes
- Parking Features:
- Driveway, Garage Triple, On Street
- Total Parking Spaces:
- 3
- Road Surface Type:
- Paved
- Rent Includes:
- Hot Water
- Total Units:
- Signup
- Date Listed:
- Apr 28, 2025
- Original Price:
- 2290000.0
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Listed by Pemberton Holmes Ltd.
Data was last updated May 15, 2025 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 44
- Avg list price:
- $1,549,500
- Min list price:
- $519,900
- Max list price:
- $4,385,000
- Avg days on market:
- 37
- Min days on market:
- 1
- Max days on market:
- 419
- Avg price per sq.ft.:
- $706.97
These statistics are generated based on the current listing's property type
and located in
Vi Fairfield East. Average values are
derived using median calculations.
- NICOLE PELAN
- RE/MAX CAMOSUN - OAK BAY
- 1 (250) 8969651
- Contact by Email
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