Nestled in a quiet pocket of Oaklands just two blocks from Hillside Mall, this meticulously maintained LEGAL 4-plex is a rare opportunity to secure a strong, income-producing investment. Originally built in the 1920s, the home was moved to its current location and converted to a 4-plex with permits in 1989. Set on a private 13,000+ sq ft panhandle lot, the property offers three bright 2-bedroom suites and one spacious 1-bedroom + den, each with separate entrances, individual meters, hot water tanks, and outdoor space. Character details include 10-foot ceilings and loft-style bedrooms in the upper units, while the garden suites provide generous layouts filled with natural light. Practical features include 300-amp service, common laundry, updated windows, and a double garage (one side converted to storage). With direct transit to UVIC, Camosun, and downtown, this property offers both immediate rental income and excellent long-term holding value. This property is fully tenanted with a showing schedule, and a minimum of 24 hours is required for viewings. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
3,704 sq. ft.344 m2
Zoning:
Residential, R1-B
Taxes:
$9,190.04 /
-
Community:
Oaklands
Structure Type:
Fourplex
Appliances Included:
Washer, Refrigerator, Dishwasher, Dryer
Bedrooms:
7
Bathrooms:
4.0
Cooling:
None
Fireplace:
No
Heating:
Baseboard heaters, Electric
Lot Size:
13,035 sq. ft.1,211 m2
Lot Details:
13035
Lot Features:
Level lot, Private setting, Irregular lot size, Other
Data was last updated August 26, 2026 at 03:45 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$471,700
Min list price:
$329,900
Max list price:
$1,580,000
Avg days on market:
49
Min days on market:
10
Max days on market:
160
Avg price per sq.ft.:
$536.58
These statistics are generated based on the current listing's property type
and located in
Oaklands. Average values are
derived using median calculations. This data is not produced by
the MLS® system.