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
$1,599,999
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
985204
Listing Brokerage
eXp Realty
Basement Area
Partially Finished
Postal Code
V8T 1L2
Tax Amount
$6,866.10
Tax Year
2023
Features
Baseboard, Hardwood, Vinyl, Wood
Amenities
Central Location, Easy Access, Fencing: Partial, Level, Low Maintenance Yard, Shopping Nearby, Sidewalk