Property Information:

Situated in a vibrant, character-rich neighbourhood, this distinguished heritage property offers a rare investment opportunity combining timeless architecture with strong income potential. The stately exterior showcases ornate woodwork, expansive windows, grand columns, and a welcoming wrap-around veranda, creating exceptional curb appeal and a lasting first impression. Inside, the property has been legally configured into ten unique rental suites. Units feature impressive ceiling heights along with restored hardwood flooring, classic moldings, and charming fireplaces. These elements create an elevated living experience that continues to attract quality tenants seeking both character and comfort.The property delivers strong, reliable performance, generating approximately $18,000 per month in rental income.Ideally located with a walk score of 73 and transit at your doorstep!

Property Features:

Annual Tax Amount: $16,253
Building Features: Basement, Bike Storage, Laundry Room, Shopping Nearby, Storage Room, Transit Nearby
Built in: 1901
Business Type: Accommodation
Construction Materials: Stone
Cooling: None
Exterior Features: Balcony/Deck, Fenced, Fencing: Full, Garden
Floor Space (approx): 7726 Square Feet
Flooring: Carpet, Hardwood, Mixed
Foundation Details: Concrete Perimeter, Stone
Heating: Electric
Lot Features: Corner Lot
Lot Frontage: 10530 Square Feet
Lot Size: 10530.00 Square Feet
Other Equipment: Sump Pump
Ownership: Freehold
Property Condition: Updated/Remodeled
Property Sub Type: Multi Family
Road Frontage Type: Street
Water Source: Municipal
Zoning: GRD-1(PGA)
Sewer:
No. of Parking Spaces: 0

Courtesy of: Oakwyn Realty Ltd.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Demographic Information of 1270 Yates St, Victoria, BC, V8V 3N3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$94,027.39

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.1 %

High school certificate or equivalent

27.73 %

Apprenticeship trade certificate/diploma

6.0 %

College/non-university certificate

17.42 %

University certificate (below bachelor)

2.1 %

University Degree

39.66 %

Commuter

Travel To Work

By Car

45.83 %

By Public Transit

15.11 %

By Walking

26.56 %

By Bicycle

8.34 %

By Other Methods

4.15 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.31 %

Houses

10.69 %

1270 Yates St, Victoria, BC, V8V 3N3