For Sale: 421 Vancouver Street, Victoria, BC - REW
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$3,495,000
0 bd • ba • sf • Multifamily
421 Vancouver Street
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$3,495,000
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421 Vancouver StreetVictoria, BC, V8V 3T4

Fairfield West
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST. Steps to BEACON HILL PARK, COOK STREET VILLAGE & the ICONIC DALLAS ROAD WATERFRONT. This 12 UNIT CHARACTER APARTMENT BUILDING has been meticulously maintained, extensively renovated & consistently updated by the owners over the past 2 decades, making this one of the finest turn-key buildings in the city! This opportunity has the core components Investors are looking for when purchasing this type of asset. Excellent Return On Investment, 5.59% CAP with current Market Rents, Income Stability, Low Vacancy Risk, Location & Market Demand, Building Condition, Operational Efficiency and Long Term Appreciation. GRD-1 Apartment Zone. 8 One-Bedroom, 1 One-Bedroom & Loft & 3 Bachelor Units all separately metered with their own Heat & Hot Water, 11 Suites have In-Unit Laundry & Tenants enjoy shared Lawn & Garden Area plus individual storage lockers & bike storage.
Listed by: Ron Cunningham, DFH Real Estate Ltd.

Home facts and features

Price details
List Price
$3,495,000
Get Pre-Approved
Gross Taxes for 2025
$12,696
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
7361 ft²
Year Built
Built in 1912 (114 yrs old)
Title
Freehold
Exterior Finish
Stucco
Heating Type
Baseboard
Features
Central Location, Corner, Curb & Gutter, Easy Access, Landscaped, Level, Sidewalk
Community
Agent details
Primary Agent
Primary Broker
DFH Real Estate Ltd.
Secondary Agent
Secondary Broker
DFH Real Estate Ltd.
Tertiary Agent
Tertiary Broker
DFH Real Estate Ltd.
Listing details
Days on REW
61 Days
Property Views
307
MLS® Number
1029992
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Sir James Douglas Elementary School
  • Public
  • K - 5
  • In Catchment
Victoria High School
  • Public
  • 9 - 12
  • In Catchment
South Park Family School
  • Public
  • K - 5
Christ Church Cathedral School
  • Independent
  • K - 8
Pacific School of Innovation and Inquiry
  • Independent
  • 9 - 12
Central Middle School
  • Public
  • 6 - 8
Glenlyon Norfolk School
  • Independent
  • K - 12
Elizabeth Buckley School
  • Independent
  • K - 8
Oak and Orca Bioregional School
  • Independent
  • K
St Michaels University School - Junior School Campus
  • Independent
  • K - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Ron Cunningham
Phone:
(250) 477-7291
Office:
250-477-7291
Fax:
250-477-3161
Charlie Cunningham
Phone:
250-477-7291
Cell:
250-477-7291
Office:
250-477-7291
Fax:
250-477-3161
Myles Christenson
Phone:
(250) 477-7291
Cell:
250-477-7291
Office:
250-477-7291
Fax:
250-477-3161
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