421 VANCOUVER STREET
Victoria · V8V3T4
$3,495,000
About this residence
Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST. Steps to BEACON HILL PARK, COOK STREET VILLAGE & the ICONIC DALLAS ROAD WATERFRONT. This 12 UNIT CHARACTER APARTMENT BUILDING has been meticulously maintained, extensively renovated & consistently updated by the owners over the past 2 decades, making this one of the finest turn-key buildings in the city! This opportunity has the core components Investors are looking for when purchasing this type of asset. Excellent Return On Investment, 5.59% CAP with current Market Rents, Income Stability, Low Vacancy Risk, Location & Market Demand, Building Condition, Operational Efficiency and Long Term Appreciation. GRD-1 Apartment Zone. 8 One-Bedroom, 1 One-Bedroom & Loft & 3 Bachelor Units all separately metered with their own Heat & Hot Water, 11 Suites have In-Unit Laundry & Tenants enjoy shared Lawn & Garden Area plus individual storage lockers & bike storage. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Lot size
- 7361
- Year built
- 1912
- Annual tax
- $12,696
- MLS®
- 1029992
- Board
- Victoria
- Status
- Active
- Listed
- Apr 8, 2026
- Updated
- Apr 8, 2026
Features & finishes
Heating
- Baseboard heaters
Lot
- Level lot
- Central location
- Other
- Corner Site
- Curb & gutter
Financing
Estimated monthly payment
$16,345/mo
Loan amount
$2,796,000
Down payment
$699,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Victoria
Nearby
About the area
Census · V8V- 28,430
- Population
- 48
- Median age
- $63,200
- Median income
- $600,000
- Median home value
- 36%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 421 VANCOUVER STREET?
421 VANCOUVER STREET is listed for $3,495,000, in Victoria.
What type of home is 421 VANCOUVER STREET?
421 VANCOUVER STREET is a Multi-family, Multi-Family, built in 1912.
How large is 421 VANCOUVER STREET?
The home offers a lot measuring 7361.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $16,345. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $12,696 per year.
What is the Victoria area like?
Victoria has a population of about 28,430, a median age of 48, a 36% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in Victoria?
The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.
What is the median household income in Victoria?
The median household income in this area is approximately $63,200.
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Private viewings
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