Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases as well, with one expected to become vacant for May 1st. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1947
(Age: 78)
Lease Type:
Sale Price
Listing General Location:
Vi Fairfield East, Victoria
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
5,600 sq. ft.520 m2
Lot Details:
56 x 100
Building Features:
Bike Storage, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby, See Remarks
Construction:
Concrete, Frame Wood, Stucco
New Construction:
No
Electricity:
Yes
Number of Storeys:
3
Floor finish:
Carpet, Hardwood, Laminate, Linoleum
Total Building Area:
4,274 sq. ft.397 m2
Water supply:
Municipal, To Lot
Sewer:
Sewer To Lot
Heating:
Baseboard, Heat Pump
Fireplace:
No
Electric, See Remarks
Fencing: Partial, Lighting, Low Maintenance Yard, See Remarks
Data was last updated July 1, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
103
Avg list price:
$1,380,000
Min list price:
$10,000
Max list price:
$13,500,000
Avg days on market:
89
Min days on market:
1
Max days on market:
897
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.