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, 3 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. (id:44056)

Property Details

Full Address:
1913 Duchess St, Victoria, British Columbia
Price:
$ 1,379,000
MLS Number:
1032123
List Date:
May 14th, 2026
Neighbourhood:
Jubilee
Lot Size:
6180 sq.ft.
Year Built:
1910
Taxes:
$ 7,156

Interior Features

Bedrooms:
6
Bathrooms:
5
Air Conditioning:
None
Heating:
Baseboard heaters, Electric
Fireplaces:
2

Building Features

Zoning:
Multi-Family
Garage:
Stall
Garage Spaces:
5
Ownership Type:
Freehold
Taxes:
$ 7,156

Floors

Finished Area:
3465 sq.ft.

Land

Lot Size:
6180 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca
Is this your listing?Advertise With Us!

Listing Agent(s)

Listing: Ole Schmidt
Clover Residential Ltd.
Co-Listing: Michelle Matheson
Clover Residential Ltd.

Similar Listings

Copyright © Real Estate Guide 2021 | Legal Sitemap
Area Modal Trigger
X