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Featured exterior photo of 421 Vancouver St, Victoria, BC
Scott Parker Personal Real Estate Corporation logo Scott Parker · Personal Real Estate Corporation
MLS® 1029992
Featured Listing

421 Vancouver St

Victoria, BC · V8V 3T4
$3,495,000
0.17 ac Built 1912 20 Days on Market
About this home

Victoria Living, Reimagined.

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.
Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST.
The Details

Property Highlights

Year Built 1912
Lot Size 0.17 acres
Building Type Multi-Family
Location

On the Map

421 Vancouver St, Victoria, BC Open in Google Maps
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Scott Parker

Personal Real Estate Corporation
REMAX Professionals
Nanaimo, British Columbia
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421 Vancouver St — enlarged listing photo