1913 Duchess St | $1,379,000 | MLS® 1032123
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Island Realm Real Estate
502a Pembroke St
Victoria, BC
Canada V8T 1H4
MLS® 1032123

Details

%
Years (35 year max)
Years



Address 1913 Duchess St
AreaVictoria
Sub AreaJubilee
State/ProvinceBritish Columbia
CountryCanada
Price$1,379,000
Property TypeFourplex
Bedrooms6
Bathrooms5
Floor Space3465 Square Feet
Lot Size6180.00 Square Feet
WaterfrontNo
Year Built1910
Taxes $7,156
Tax Year2025
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.


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Data Source: Statistics Canada
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