Bought with Sonya Conn Royal LePage Coast Capital - Oak Bay
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1913 Duchess St Victoria, BC V8R 4W2
6 Beds
5 Baths
3,465 SqFt
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,465 sqft
MLS Listing ID 1032123
Sold Date -
Style Other
Bedrooms 6
HOA Y/N No
Year Built 1910
Annual Tax Amount $7,156
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Property Description
Victoria's lowest entry point for a 5-unit revenue property rewards the right buyer with verified financials, stable tenancies, and income records going back over a decade. Professionally managed since March 2015, this investment includes 4×1-bed suites and 1×2-bed suite, 5 parking spots, bike storage, and coin laundry. Walkable access to groceries, transit, and services in Oak Bay/Jubilee is exactly what keeps the units filled, and gross annual revenue of $75,732 reflects stable, long-term tenancies. Hands-on investors have room to improve their cap rate: self-management eliminates management fees, and taking on the low-maintenance landscaping reduces operating costs further. This is the ideal entry point for the solo investor adding their first multi-unit to a growing portfolio, or a small group ready to put their capital to work together.
Location
Province BC
County Capital Regional District
Community Vi Jubilee
Area Victoria
Rooms
Kitchen 5
Interior
Heating Baseboard, Electric
Cooling None
Fireplaces Number 2
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area
Exterior
Parking Features Driveway
Garage Spaces 5.0
View Y/N false
Roof Type Other
Total Parking Spaces 5
Garage No
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
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
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