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  • 421 Vancouver St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1029992

    421 Vancouver St Vi Fairfield West Victoria V8V 3T4
    Main Photo: 421 Vancouver St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 1029992
    $3,495,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1029992
    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. More details
    Listed by DFH Real Estate Ltd.
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Data was last updated June 18, 2026 at 07:30 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.