$1,399,999
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1157 Princess Ave, Victoria

Victoria, BC V8T 1L2
MLS® 1049112
4
Bedrooms
5
Bathrooms
3,198
Sq Ft
1911
Year Built
2
Days on Market

Description

BC Assessment: $1,579,000. A rare investment opportunity in the heart of Fernwood! This well-maintained 4-unit character conversion offers a unique blend of historic charm, generous living spaces, and excellent income potential. Each of the four 1-bedroom suites features hardwood floors, spacious kitchens and impressive ceiling heights—approximately 10 feet on the main level and 9 feet upstairs. Original character details throughout add warmth and appeal, while a non-legal bachelor suite in the basement provides additional income potential. Ideally located in one of Victoria’s most desirable and vibrant neighbourhoods, just steps from transit, schools, shopping, parks and everyday amenities. With four established suites, timeless character and a prime Fernwood location, this is a compelling opportunity for investors looking to add a distinctive multi-unit property to their portfolio.

Property Details

Property Type Residential
Property Sub Type Quadruplex
Listing ID 1049112
Status Active
City Victoria
Area Victoria
Sub-Area Vi Fernwood
Postal Code V8T 1L2
Property Taxes $9,131.00 (2026)
Parking Total 4
Zoning R-2 Two Family Dwelling
Facing North
Water Municipal
Sewer Sewer Connected
Heating Baseboard
Exterior Features Fencing: Partial,Low Maintenance Yard
Construction Frame Wood,Wood
Roof Asphalt Shingle
Foundation Poured Concrete,Slab
Basement Partially Finished
Laundry Common Area
Listed Date Sep 18, 2026
Ownership Freehold
Lot Size 0.17 acres

Rooms

Room Level Dimensions Description
Bathroom Main level 4-Piece
Bathroom Main level 4-Piece
Bedroom Main level 11\'3 x 13\'9
Bedroom Main level 9\'0 x 10\'10
Entrance Main level 16\'6 x 12\'0
Kitchen Main level 8\'8 x 12\'0
Kitchen Main level 5\'5 x 11\'2

Building Details

Architectural Style Other
Heating Baseboard heaters
Stories -1

Additional Information

Features Central location, Level lot, Other
Land Size 7200 sqft
Building Type Fourplex
Interior Size 3198 sqft
Transaction For sale

Location