Nestled in a quiet pocket of Oaklands just two blocks from Hillside Mall, this meticulously maintained LEGAL 4-plex is a rare opportunity to secure a strong, income-producing investment. Originally built in the 1920s, the home was moved to its current location and converted to a 4-plex with permits in 1989. Set on a private 13,000+ sq ft panhandle lot, the property offers three bright 2-bedroom suites and one spacious 1-bedroom + den, each with separate entrances, individual meters, hot water tanks, and outdoor space. Character details include 10-foot ceilings and loft-style bedrooms in the upper units, while the garden suites provide generous layouts filled with natural light. Practical features include 300-amp service, common laundry, updated windows, and a double garage (one side converted to storage). With direct transit to UVIC, Camosun, and downtown, this property offers both immediate rental income and excellent long-term holding value. Fully tenanted with a showing schedule.
Property Type:
Residential
Type:
Quadruplex
Year built:
1969
(Age: 56)
Living Area:
3,704 sq. ft.344 m2
Listing General Location:
Vi Oaklands, Victoria
Bedrooms:
7
Bathrooms:
4.0
(Full:-/Half:-)
Lot Size:
13,035 sq. ft.1,211 m2
Kitchens:
4
Taxes:
$8,461.28 /
2025
Construction:
Frame Wood, Stucco
New Construction:
No
Basement:
Finished, Full, Walk-Out Access
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Floor finish:
Carpet, Laminate, Tile, Wood
Total Building Area:
3,946 sq. ft.367 m2
Total Unfinished Area:
242 sq. ft.22.5 m2
# Bedrooms or Dens Total:
7
# Main Level Bedrooms:
2
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
3
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
2
# Other Level Kitchens:
0
Living Area Lower Floor:
1,587 sq. ft.147 m2
Living Area Main Floor:
1,591 sq. ft.148 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
526 sq. ft.48.9 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Warranty:
No
Dishwasher, Dryer, Refrigerator, Washer
Balcony/Patio, Fencing: Partial, Garden
Between Myrtle and Pearl.
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Kitchen
14'8"4.47 m × 9'1"2.77 m
Main Floor
Living Room
17'5"5.31 m × 13'11"4.24 m
Main Floor
Bedroom
11'6"3.51 m × 11'4"3.45 m
Main Floor
Living Room
19'1"5.82 m × 14'4.27 m
Main Floor
Dining Room
11'5"3.48 m × 7'7"2.31 m
Main Floor
Kitchen
19'5"5.92 m × 5'10"1.78 m
Main Floor
Bedroom
14'8"4.47 m × 11'7"3.53 m
Main Floor
Storage
8'10"2.69 m × 2'10".86 m
2nd Floor
Bedroom
12'8"3.86 m × 10'7"3.23 m
2nd Floor
Walk-in Closet
8'7"2.62 m × 6'11"2.11 m
2nd Floor
Bedroom
18'1"5.51 m × 10'5"3.18 m
2nd Floor
Walk-in Closet
7'3"2.21 m × 6'10"2.08 m
Lower Level
Bedroom
9'2"2.79 m × 8'9"2.67 m
Lower Level
Bedroom
14'11"4.55 m × 9'2"2.79 m
Lower Level
Storage
10'9"3.28 m × 5'7"1.70 m
Lower Level
Dining/Living Combo
15'5"4.70 m × 11'9"3.58 m
Lower Level
Bedroom
14'8"4.47 m × 11'8"3.56 m
Lower Level
Kitchen
11'1"3.38 m × 8'9"2.67 m
Lower Level
Laundry
11'7"3.53 m × 8'8"2.64 m
Lower Level
Utility Room
11'4"3.45 m × 8'2.44 m
Lower Level
Kitchen
13'9"4.19 m × 5'1"1.55 m
Lower Level
Dining/Living Combo
13'9"4.19 m × 12'11"3.94 m
Lower Level
Storage
7'8"2.34 m × 3'9"1.14 m
Floor
Ensuite
Pieces
Other
Main Floor
No
3
3-Piece
Main Floor
No
4
4-Piece
Lower Level
No
4
4-Piece
Lower Level
No
4
4-Piece
Assessed:
1623000.0
Assessment year:
2025
Jurisdiction name:
City of Victoria
Legal Description:
LOT 2, PLAN VIP22497, SECTION 29/30, VICTORIA LAND DISTRICT
Data was last updated October 26, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$899,000
Min list price:
$387,000
Max list price:
$2,099,000
Avg days on market:
40
Min days on market:
8
Max days on market:
240
Avg price per sq.ft.:
$596.33
These statistics are generated based on the current listing's property type
and located in
Vi Oaklands. Average values are
derived using median calculations. This data is not produced by the MLS® system.