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502a Pembroke St
Victoria, BC
Canada V8T 1H4
Details
| Address | 1913 Duchess St |
| Area | Victoria |
| Sub Area | Jubilee |
| State/Province | British Columbia |
| Country | Canada |
| Price | $1,379,000 |
| Property Type | Fourplex |
| Bedrooms | 6 |
| Bathrooms | 5 |
| Floor Space | 3465 Square Feet |
| Lot Size | 6180.00 Square Feet |
| Waterfront | No |
| Year Built | 1910 |
| Taxes | $7,156 |
| Tax Year | 2025 |
| MLS® # | 1032123 |
Victoria's lowest entry point for a 5-unit revenue property rewards the right buyer with verified financials, stable tenancies, and income records going back over a decade. Professionally managed since March 2015, this investment includes 4×1-bed suites and 1×2-bed suite, 5 parking spots, bike storage, and coin laundry. Walkable access to groceries, transit, and services in Oak Bay/Jubilee is exactly what keeps the units filled, and gross annual revenue of $75,732 reflects stable, long-term tenancies. Hands-on investors have room to improve their cap rate: self-management eliminates management fees, and taking on the low-maintenance landscaping reduces operating costs further. This is the ideal entry point for the solo investor adding their first multi-unit to a growing portfolio, or a small group ready to put their capital to work together.
Listed by CLOVER RESIDENTIAL LTD.
NOTE: MLS® property information is provided under copyright © by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.
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