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Situated in a vibrant, character-rich neighbourhood, this distinguished heritage property offers a rare investment opportunity combining timeless architecture with strong income potential. The stately exterior showcases ornate woodwork, expansive windows, grand columns, and a welcoming wrap-around veranda, creating exceptional curb appeal and a lasting first impression. Inside, the property has been legally configured into ten unique rental suites. Units feature impressive ceiling heights along with restored hardwood flooring, classic moldings, and charming fireplaces. These elements create an elevated living experience that continues to attract quality tenants seeking both character and comfort. The property delivers strong, reliable performance, generating approximately $18,000 per month in rental income. Ideally located with a walk score of 73 and transit at your doorstep! Enjoy the immediate benefit of 8 reliable tenancies already in place. (id:24212)
Full Address:
1270 Yates Street, Victoria, British Columbia
Price:
$ 2,599,999
MLS Number:
1028840
List Date:
April 29th, 2026
Neighbourhood:
Fernwood
Building Size:
7726 sq.ft.
Lot Size:
10530 ac
Year Built:
1901
Taxes:
$ 16,253
Ownership Type:
Freehold

Property Specifications

Air Conditioning:
None
Heating:
Electric

Interior Features

Building Size:
7726 sq.ft.
Zoning:
Unknown

Building Features

Floors

Lot Size:
10530 ac
Lot Features:
Corner Site

Land

Neighbourhood Features

Ratings

Commercial Info

Business Type:
Accommodation
Number of Units:
10

Location

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Neighbourhood Details

Agent: Coral UsterBrokerage: Oakwyn Realty Ltd.

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