421 Vancouver St, Victoria

2026-04-08
 

Quick Summary

Location
421 Vancouver St, Victoria, British Columbia V8V3T4
Price
$3,495,000 CAD
Status:
For Sale
Property Type:
Multi-family
Year of Construction:
1912

MLS®#1029992

Property Description

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:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Multi-Family

Features

  • Feature: Central location, Curb & gutter, Level lot, Corner Site, Other

Land

  • Land Size: 7361 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: Apartment GRD-1

Information entered by DFH Real Estate Ltd.
Listing information last updated on: 2026-04-08 22:38:42


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