Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST. Steps to BEACON HILL PARK, COOK STREET VILLAGE & the ICONIC DALLAS ROAD WATERFRONT. This 12 UNIT CHARACTER APARTMENT BUILDING has been meticulously maintained, extensively renovated & consistently updated by the owners over the past 2 decades, making this one of the finest turn-key buildings in the city! This opportunity has the core components Investors are looking for when purchasing this type of asset. Excellent Return On Investment, 5.59% CAP with current Market Rents, Income Stability, Low Vacancy Risk, Location & Market Demand, Building Condition, Operational Efficiency and Long Term Appreciation. GRD-1 Apartment Zone. 8 One-Bedroom, 1 One-Bedroom & Loft & 3 Bachelor Units all separately metered with their own Heat & Hot Water, 11 Suites have In-Unit Laundry & Tenants enjoy shared Lawn & Garden Area plus individual storage lockers & bike storage. (id:24212)
- Full Address:
- 421 Vancouver Street, Victoria, British Columbia
- Price:
- $ 3,495,000
- MLS Number:
- 1029992
- List Date:
- April 8th, 2026
- Neighbourhood:
- Fairfield West
- Building Size:
- 5545 sq.ft.
- Lot Size:
- 7361 ac
- Year Built:
- 1912
- Taxes:
- $ 12,696
- Ownership Type:
- Freehold
Property Specifications
- Heating:
- Baseboard heaters
Interior Features
- Building Size:
- 5545 sq.ft.
- Zoning:
- Unknown
Building Features
Floors
- Lot Size:
- 7361 ac
- Lot Features:
- Central location, Curb & gutter, Level lot, Corner Site, Other
Land
Neighbourhood Features
Ratings
Commercial Info
- Number of Units:
- 12
Location
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Neighbourhood Details
Agent: Ron CunninghamBrokerage: DFH Real Estate Ltd.
Phone: 250-477-7291
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