REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Dylon Paul

dylon@dylonpaul.ca +1(250) 650-9019

Listed by Jerry Bola eXp Realty

$ 1,399,999

Est. payment -/mo

Save

Active

1157 Princess Ave Victoria, BC V8T 1L2

4 Beds

5 Baths

4,433 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,433 sqft

Price per Sqft $315

MLS Listing ID 1049112

Style Main Level Entry with Lower/Upper Lvl(s)

Bedrooms 4

Three Quarter Bath 1

HOA Y/N No

Year Built 1911

Annual Tax Amount $9,131

Tax Year 2026

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Quadruplex

Property Description

BC Assessment: $1,579,000. A rare investment opportunity in the heart of Fernwood! This well-maintained 4-unit character conversion offers a unique blend of historic charm, generous living spaces, and excellent income potential. Each of the four 1-bedroom suites features hardwood floors, spacious kitchens and impressive ceiling heights—approximately 10 feet on the main level and 9 feet upstairs. Original character details throughout add warmth and appeal, while a non-legal bachelor suite in the basement provides additional income potential. Ideally located in one of Victoria's most desirable and vibrant neighbourhoods, just steps from transit, schools, shopping, parks and everyday amenities. With four established suites, timeless character and a prime Fernwood location, this is a compelling opportunity for investors looking to add a distinctive multi-unit property to their portfolio.

Location

Province BC

County Capital Regional District

Community Vi Fernwood

Area Victoria

Zoning R-2 Two Family Dwelling

Rooms

Kitchen 5

Interior

Heating Baseboard

Cooling None

Flooring Hardwood, Vinyl, Wood

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Fencing: Partial, Low Maintenance Yard

Parking Features Carport, Carport Triple, Detached, On Street

Garage Spaces 4.0

View Y/N No

Roof Type Asphalt Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Central Location, Easy Access, Level, Shopping Nearby, Sidewalk

Foundation Concrete Perimeter, Slab

Sewer Sewer Connected

Water Municipal

Architectural Style Arts & Crafts

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

Special Listing Condition Resale

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location & Context

Explore the Area

See where the property sits in relation to nearby homes, roads, services and the surrounding community.

Listing Timeline

Property History

Review the property’s recorded MLS activity, including listing dates, price changes and status updates where that information is available.

Buyer Decision Support

Before You Buy This Property

The listing tells you what the home looks like. Good due diligence helps you understand what you are actually buying. Depending on the property, servicing, title, renovations, drainage, strata documents and other details can materially affect the decision.

I built the Vancouver Island Property Due Diligence Lab to help you work through the questions worth asking before you get too far into the process.

Open the Due Diligence Lab Request a Showing

Compare Your Options

Similar Homes Nearby

See other nearby properties with similar pricing, features or location so you can compare this home against the alternatives currently on the market.

Property Questions

Ask About This Property

Have a question about the home, its location, showing availability, recent comparable sales or something you noticed in the listing? Send it over. I’ll reply personally, and if I do not have the answer, I’ll find it or point you in the right direction.

Private Showing

Want to see this home in person?

I can help arrange a private showing and make sure you have the information you need before you go. No pressure to decide anything on the spot. The goal is simply to understand the property properly.