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.
Property Type:
Residential
Type:
Quadruplex
Year built:
1911
(Age: 114)
Living Area:
3,198 sq. ft.297 m2
Listing General Location:
Vi Fernwood, Victoria
Bedrooms:
4
Bathrooms:
5.0
(Full:-/Half:-)
Lot Size:
7,200 sq. ft.669 m2
Lot Details:
60x120
Kitchens:
5
Home Style:
Arts & Crafts
Building Features:
Transit Nearby
Construction:
Frame Wood, Wood
New Construction:
No
Basement:
Partially Finished
Foundation:
Concrete Perimeter, Slab
Roof:
Asphalt Shingle
Floor finish:
Hardwood, Vinyl, Wood
Total Building Area:
4,433 sq. ft.412 m2
Total Unfinished Area:
1,235 sq. ft.115 m2
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
2
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
2
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
318 sq. ft.29.5 m2
Living Area Main Floor:
1,455 sq. ft.135 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
1,435 sq. ft.133 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Warranty:
No
Fencing: Partial, Low Maintenance Yard
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Victoria
Zoning:
R-2 Two Family Dwelling
Bed and Breakfast:
Potential
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
4
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
North
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Central Location, Easy Access, Level, Shopping Nearby, Sidewalk
Data was last updated January 4, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$824,500
Min list price:
$474,000
Max list price:
$1,650,000
Avg days on market:
75
Min days on market:
2
Max days on market:
228
Avg price per sq.ft.:
$515.95
These statistics are generated based on the current listing's property type
and located in
Vi Fernwood. Average values are
derived using median calculations.