Multi Family located in Victoria - Vi Fairfield West, V8V 3T4
sqft, Beds, Baths
- Listed On: April 8, 2026
- Built in: 1912
- Type: Commercial Sale
- Exterior Features: Balcony, Fencing: Partial,
- Heating: Baseboard,
- Flooring: Array
- Foundation Details: Concrete Perimeter,
- Lot Size: 0.17 acres
- Parking Features: On Site,
- Features: Central Location, Corner Lot, Curb & Gutter, Easy Access, Landscaped, Level, Sidewalk,
- Zoning: Apartment GRD-1
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.