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Renanza Realty
For sale

331 Niagara St

Victoria, British Columbia

MLS® 1053381

$1,700,000

Status
Active
Property type
House
MLS® number
1053381
Bedrooms
6
Bathrooms
4
Year built
1911

Listing description

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. Just minutes from downtown Victoria, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by. A truly rare turnkey opportunity!

Property summary

MLS® number
1053381
Property type
Single Family
Building type
Triplex
Square footage
4,682 sq ft
Title
Freehold
Land size
4922 square feet
Built in
1911
Annual property taxes
$7,904.51
Parking
3 spaces
Days on market
2 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
None

What would this home cost you?

Based on the $1,700,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,910 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Camosun, Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.