Victoria · Residential · MLS® 1053381

331 Niagara St, Victoria

$1,700,000
6Bedrooms
4Bathrooms
4,682Sq Ft
1911Year Built
2Days on Market

About this property

Four-unit rental property in desirable James Bay. Each suite is separately metered and generous in size, with deck space and access to a shared yard. The property was extensively updated in the ’80s and received further updates in 2024. Clean and tidy, with storage lockers, bike storage, and coin-operated laundry. The property is a legal non-conforming triplex (R-2 zoned; confirm with the City of Victoria if important), with a fourth unauthorized basement suite. There are four great tenants who would like to stay, offering continuity for a new owner. The easy-to-maintain backyard features garden beds ready for some love. Minutes from downtown, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by. Measurments approx, confirm if important.

A truly rare turnkey opportunity!

Features & details

Property Type Triplex
Heating Baseboard,Electric
Cooling None
Parking Spaces 3
Water Source Municipal
Sewer Sewer Connected
Flooring Mixed
Roof Fibreglass Shingle
Foundation Poured Concrete

Location

Brokerage Listed by RE/MAX Camosun. Information is deemed reliable but not guaranteed.