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1228 Pembroke St, Victoria
2026-06-16
Quick Summary
- Location
- 1228 Pembroke St, Victoria, British Columbia V8T1J8
- Price
- $879,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1715 sqft
- Bedrooms:
- 5
- Bathrooms:
- 2
- Garages:
- 1
- Year of Construction:
- 1943
MLS®#1039448
Property Description
An outstanding investment opportunity in the heart of Fernwood, this beautifully maintained & thoughtfully updated half duplex combines strong revenue, excellent long-term tenants & a highly desirable location. Situated directly across from a picturesque neighbourhood park & surrounded by the character that makes Fernwood one of Victoria's most sought-after communities, this property offers flexibility, functionality & reliable income. Designed with independent living in mind, the home features two self-contained suites, allowing both upper & lower occupants to enjoy privacy & comfort. The property has been extensively upgraded & carefully maintained, creating a truly turnkey opportunity for investors or families seeking a multigenerational living solution. Recent improvements include efficient heat pump, enhanced soundproofing between the suites, a Rheem Marathon hot water tank & a newer roof, providing peace of mind while improving comfort for both occupants. A standout feature is the thoughtfully designed common storage area with two separate locking storage lockersâone for each suite. This secure indoor space is ideal for bicycles, paddleboards, seasonal gear, tools & equipment that support an active West Coast lifestyle. The property currently generates close to $6,000 per month in rental income with excellent long-term tenants already in place. The strong revenue stream & quality tenant profile make the property an attractive addition to any portfolio. Directly across the street, the neighbourhood park provides a beautiful green outlook, while the charming little free library adds to the welcoming community atmosphere. Whether you're looking for a fully updated revenue property, a mortgage helper arrangement, or a flexible multigenerational living option, this exceptional duplex offers a rare combination of location, condition, and income potential. Proudly Presented By Ann Watley Personal Real Estate Corporation, Pemberton Holmes Real Estate (id:32467)
Property Features
Building
- Architectural Style: Character
- Cooling Type: Air Conditioned
- Fireplace: Yes
- Interior Size: 1715 sqft
- Building Type: Duplex
Features
- Feature: Rectangular
Land
- Land Size: 1570 sqft
Maintenance Fee
- Maintenance Fee: 0.00
Ownership
- Type: Strata
Information entered by Pemberton Holmes Ltd.
Listing information last updated on: 2026-06-16 18:30:45
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Your One Percent Realty Commission savings†
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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Valentino Prundaru REALTOR®, Licensed Real Estate Agent
- Phone:
- (250) 686-2242
- Email:
- prundaru@gmail.com
- 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
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- Mobile:
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