737 Vancouver Street is a rare 4-suite investment property combining historic character with extensively updated building systems. Originally designed by John Teague for Hedley Chapman in 1892, the home underwent a comprehensive renovation in 2014, including a new foundation, all-new electrical and plumbing, perimeter drains, and extensive interior upgrades with design by Ryan Hoyt. The result is a character property positioned for streamlined long-term ownership. Each private suite features sound and fire separation, its own water and hydro meters, laundry, hot water tank, and storage locker. Exposed brick, fir flooring, soaring ceilings, and expansive windows retain the home’s timeless appeal. Ideally located just blocks from Cook Street Village and downtown, tenants enjoy easy access to shops, cafés, transit, and amenities. A detached single-car garage provides additional income potential or additional development opportunities. Gross monthly rent: $9,850 - Approx cap rate at 5.38% (id:44056)

Property Details

Full Address:
737 Vancouver St, Victoria, British Columbia
Price:
$ 1,875,000
MLS Number:
1050447
List Date:
September 21st, 2026
Neighbourhood:
Downtown
Lot Size:
4524 sq.ft.
Year Built:
1892
Taxes:
$ 10,891

Interior Features

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

Building Features

Architectural Style:
Other
Zoning:
Multi-Family
Garage:
Garage, Street
Garage Spaces:
5
Ownership Type:
Freehold
Taxes:
$ 10,891

Floors

Finished Area:
3051 sq.ft.

Land

Lot Size:
4524 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Brett Cooper
Engel & Volkers Vancouver Island

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