Exceptional Investment Opportunity in Fernwood. Unveil a unique investment gem in the heart of Fernwood with this 4-unit character conversion property. Well-preserved to highlight its original architectural details, this residence unites historic elegance with contemporary comfort. Each of the 4 charming 1-bedroom units is ideal for singles or couples, boasting hardwood floors, generous kitchens, and impressive ceilings—10 feet on the main floor and 9 feet on the upper level. The property also includes a non-legal bachelor suite in the basement, adding potential for additional income. This character conversion property is a prime investment for keen investors. With the high demand for distinctive rental spaces, this 4-unit beauty is poised to attract tenants swiftly. Located near bus routes, schools, shopping, and all the amenities Victoria has to offer, convenience is at your doorstep. Seize this rare opportunity to invest in a truly exceptional property in Fernwood.
| Address |
1157 Princess Ave |
| List Price |
$1,650,000 |
| Property Type |
Residential |
| Type of Dwelling |
Quadruplex |
| Style of Home |
Arts & Crafts |
| Area |
Victoria |
| Sub-Area |
Vi Fernwood |
| Bedrooms |
4 |
| Bathrooms |
5 |
| Floor Area |
3,198 Sq. Ft. |
| Lot Size |
7200 Sq. Ft. |
| Lot Size Acres |
0.17 Ac. |
| Year Built |
1911 |
| MLS® Number |
972587 |
| Listing Brokerage |
eXp Realty
|
| Basement Area |
Partially Finished |
| Postal Code |
V8T 1L2 |
| Tax Amount |
$6,866 |
| Tax Year |
2023 |
| Features |
Baseboard, Hardwood, Vinyl, Wood |
| Amenities |
Central Location, Easy Access, Fencing: Partial, Level, Low Maintenance Yard, Shopping Nearby, Sidewalk |
