~Exciting new price~~Registered Heritage Triplex offering strong income and future upside. Currently generating approx. 73k/yr (4.83 cap and over 6.2 with market rents) this character-rich property features spacious units with high ceilings, original wood floors, mouldings, and doors. All 3 suites have private entrances, and the home has 3 sep. hydro meters. Gas forced air serves the main and lower suites, with common laundry. The upper suite has electric heat and in-suite laundry. Grants are available for exterior maintenance. Off-street parking for 3 vehicles. Ideally located close to major bus routes, shops, and amenities, all within walking distance to downtown. Lovingly maintained with charming period details throughout. Excellent long-term tenants in place. There are 4 true bedrooms with closets and 2 additional rooms currently used as bedrooms without closets. Potential exists to expand the (now vacant) lower studio into a one-bed, creating additional value and income potential. An appealing opportunity in the heart of Victoria. (id:2493)
Data was last updated August 15, 2025 at 11:15 AM (UTC)
Area Statistics
Listings on market:
360
Avg list price:
$387,500
Min list price:
$40,000
Max list price:
$3,155,000
Avg days on market:
44
Min days on market:
0
Max days on market:
1,704
Avg price per sq.ft.:
$630.85
These statistics are generated based on the current listing's property type
and located in
Downtown. Average values are
derived using median calculations. This data is not produced by the MLS® system.