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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. (id:24212)
Full Address:
1157 Princess Avenue, Victoria, British Columbia
Price:
$ 1,549,999
MLS Number:
985204
List Date:
January 22nd, 2025
Neighbourhood:
Fernwood
Lot Size:
7200 ac
Year Built:
1911
Taxes:
$ 6,866
Ownership Type:
Freehold

Property Specifications

Bedrooms:
4
Bathrooms:
5
Air Conditioning:
None
Heating:
Baseboard heaters

Interior Features

Architectural Style:
Other
Zoning:
Multi-Family
Garage Spaces:
4

Building Features

Finished Area:
4433 sq.ft.
Main Floor:
3198 sq.ft.
Rooms:

Floors

Lot Size:
7200 ac
Lot Features:
Central location, Level lot, Other

Land

Neighbourhood Features

Ratings

Commercial Info

Number of Units:
5

Location

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Neighbourhood Details

Agent: Jerry BolaBrokerage: eXp Realty

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