Victoria BC, V8T 1L2
Property Information:
Discover a rare investment gem in the heart of Fernwood—a well-maintained 4-unit character conversion that blends historic charm with modern comfort. Original architectural details shine throughout, paired with inviting living spaces that tenants love.Each of the four 1-bedroom suites features hardwood floors, spacious kitchens, and impressive ceiling heights—10 feet on the main level and 9 feet upstairs. A non-legal bachelor suite in the basement adds valuable income potential.With high demand for unique, character-filled rentals, this property is a strong performer. Located steps from bus routes, schools, shopping, and all Victoria amenities, convenience is built in.Opportunities like this in Fernwood are rare—secure a standout income property in a sought-after neighbourhood.
Property Features:
- Bedrooms: 4
- Bathrooms: 5
- Annual Tax Amount: $8,400
- Architectural Style: Arts & Crafts
- Basement: Partially Finished
- Building Features: Transit Nearby
- Built in: 1911
- Construction Materials: Frame Wood, Wood
- Cooling: None
- Exterior Features: Fencing: Partial, Low Maintenance Yard
- Floor Space (approx): 4433 Square Feet
- Flooring: Hardwood, Vinyl, Wood
- Foundation Details: Concrete Perimeter, Slab
- Heating: Baseboard
- Laundry Features: Common Area
- Lot Features: Central Location, Easy Access, Level, Shopping Nearby, Sidewalk
- Lot Frontage: 7200 Square Feet
- Lot Size: 7200.00 Square Feet
- Ownership: Freehold
- Parking Features: Carport, Carport Triple, Detached, On Street
- Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- Property Condition: Resale
- Property Sub Type: Quadruplex
- Roof: Asphalt Shingle
- Water Source: Municipal
- Zoning: R-2 Two Family Dwelling
- Zoning Description: Multi-Family
- Sewer:
- No. of Parking Spaces: 4
Rooms:
- Other Main Level 5.03 m x 3.66 m 16'6 ft x 12'0 ft Note: Entrance
- Bedroom Main Level 2.74 m x 3.30 m 9'0 ft x 10'10 ft
- Bathroom Main Level
- Bedroom Main Level 3.43 m x 4.19 m 11'3 ft x 13'9 ft
- Bathroom Main Level
- Kitchen Main Level 1.65 m x 3.40 m 5'5 ft x 11'2 ft
- Kitchen Main Level 2.64 m x 3.66 m 8'8 ft x 12'0 ft
- Bedroom 2nd Level 3.78 m x 4.32 m 12'5 ft x 14'2 ft
- Kitchen 2nd Level 3.28 m x 2.01 m 10'9 ft x 6'7 ft
- Bedroom 2nd Level 3.05 m x 4.39 m 10'0 ft x 14'5 ft
Convert Measurement to:
Courtesy of: eXp Realty
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.
⚠ Potential Investment Performance
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Market Price Trends
Location of 1157 Princess Ave, Victoria, BC, V8T 1L2
Demographic Information of 1157 Princess Ave, Victoria, BC, V8T 1L2
Life Stage
Young CouplesEmployment Type
Service Sector/White CollarAverage Household Income
$99,906.14Average Number of Children
1.59Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
10.37 %High school certificate or equivalent
31.89 %Apprenticeship trade certificate/diploma
6.55 %College/non-university certificate
17.19 %University certificate (below bachelor)
1.91 %University Degree
32.08 %Commuter
Travel To Work
By Car
50.14 %By Public Transit
9.28 %By Walking
25.04 %By Bicycle
11.82 %By Other Methods
3.72 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
63.89 %Houses
36.11 %