331 Niagara St, Victoria, BC V8V 1G7

$1,700,000
6
BD
4
BA
4,682
SqFt

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Courtesy of RE/MAX Camosun

List Price
$1,700,000
Status
ACTIVE
MLS®
1053381
Property Type
Multifamily
Year Built
1911
Style
Other
Bedrooms
6
Total baths
4
Living Area
4,682
Acres
0.11
Lot Size
4,922
District
Victoria
Neighbourhood
Vi James Bay

Property Description

Four-unit rental property in desirable James Bay. Each suite is separately metered and generous in size, with deck space and access to a shared yard. The property was extensively updated in the ’80s and received further updates in 2024. Clean and tidy, with storage lockers, bike storage, and coin-operated laundry. The property is a legal non-conforming triplex (R-2 zoned; confirm with the City of Victoria if important), with a fourth unauthorized basement suite. There are four great tenants who would like to stay, offering continuity for a new owner. The easy-to-maintain backyard features garden beds ready for some love. Minutes from downtown, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by. Measurments approx, confirm if important. A truly rare turnkey opportunity!

Additional Information

Layout
Other
Heating
Baseboard, Electric
Flooring
Mixed
Roof
Fibreglass Shingle
Parking Spaces
3
Exterior Features
Balcony/Deck, Fencing: Partial, Garden
Parking Type
Driveway
Kitchens
4
Laundry Feature
Common Area
Fireplace Description
Gas
Taxes
$7,904
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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