421 Vancouver St Victoria, British Columbia V8V 3T4
$3,495,000
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. (id:49203)
Property Details
| MLS® Number | 1029992 |
| Property Type | Multi-family |
| Neigbourhood | Fairfield West |
| Features | Central Location, Curb & Gutter, Level Lot, Corner Site, Other |
Building
| Constructed Date | 1912 |
| Fire Protection | Fire Alarm System |
| Heating Type | Baseboard Heaters |
| Size Exterior | 5545 Sqft |
| Type | Multi-family |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 7361 |
| Size Total | 7361 Sqft |
| Size Total Text | 7361 Sqft |
| Zoning Description | Apartment Grd-1 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29575193/421-vancouver-st-victoria-fairfield-west
Contact Us
Contact us for more information
Ron Cunningham
(250) 477-3161
1 (800) 668-2272
mylesandron.com/
www.facebook.com/DFHRealEstate
www.linkedin.com/company/dfh-real-estate/
www.dfh.ca/blog/
www.instagram.com/dfhrealestate/
#202-3795 Carey Rd
Victoria, British Columbia V8Z 6T8
(250) 477-7291
(800) 668-2272
(250) 477-3161
www.dfh.ca/
Charlie Cunningham
#202-3795 Carey Rd
Victoria, British Columbia V8Z 6T8
(250) 477-7291
(800) 668-2272
(250) 477-3161
www.dfh.ca/
Myles Christenson
www.mylesandron.com/
#202-3795 Carey Rd
Victoria, British Columbia V8Z 6T8
(250) 477-7291
(800) 668-2272
(250) 477-3161
www.dfh.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 08 2026 10:38:42
Victoria Real Estate Board
Dfh Real Estate Ltd.