Four-unit rental property in desirable James Bay. Each suite is separately metered and generous in size, with deck space and access to a shared yard. The property was extensively updated in the ’80s and received further updates in 2024. Clean and tidy, with storage lockers, bike storage, and coin-operated laundry. The property is a legal non-conforming triplex (R-2 zoned; confirm with the City of Victoria if important), with a fourth unauthorized basement suite. There are four great tenants who would like to stay, offering continuity for a new owner. The easy-to-maintain backyard features garden beds ready for some love. Just minutes from downtown Victoria, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by.
A truly rare turnkey opportunity!
Address
331 Niagara St
List Price
$1,700,000
Property Type
Residential
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi James Bay
Bedrooms
6
Bathrooms
4
Floor Area
4,682 Sq. Ft.
Lot Size
4922 Sq. Ft.
Lot Size (Acres)
0.11 Ac.
Year Built
1911
MLS® Number
1053381
Listing Brokerage
RE/MAX Camosun
| Fair Realty
Basement Area
Finished, Full, Walk-Out Access, With Windows
Postal Code
V8V 1G7
Tax Amount
$7,904.51
Tax Year
2026
Features
Baseboard, Electric, Mixed, Vinyl Frames
Amenities
Balcony/Deck, Fencing: Partial, Garden
