421 Vancouver St, Victoria

2026-04-08

421 Vancouver St, Victoria, British Columbia

For Sale Multi-family
$3,495,000

MLS®#1029992

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)

Building Multi-family
Rooms
Bedrooms
Bathrooms 0
Square Footage 0 ft²
Built in 1912
Parking Type
Neighbourhood Victoria

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

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$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q.
What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Q.
Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal
Valentino
Valentino ‎ Prundaru

REALTOR®, Licensed Real Estate Agent

prundaru@gmail.com

(250) 686-2242

Support Area:
Victoria,Saanich,Oak Bay,Esquimalt,Langford,Colwood,Central Saanich,North Saanich,Sidney,View Royal,Metchosin,Highlands,Sooke,Saanich East,Saanich West,James Bay,Fairfield,Shawnigan Lake,Mill Bay,Cobble Hill,Cowichan Bay,Duncan

Full MLS Real Estate Services at Low Commission for Sellers! Cash Back for Buyers! Meet Valentino: Integrity, Professionalism, Honesty "My Commitment to You: Outstanding Service, Unbeatable Savings!"With a career spanning nearly two decades in the Greater Victoria real estate market, Valentino Prundaru has been a trusted name since 2005. Renowned for his integrity, honesty, and...