1157 Princess Ave, Victoria, BC, V8T 1L2

Investment For Sale In Fernwood, Victoria, British Columbia

$1,650,000

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1157 Princess Ave, Victoria, BC - Outdoor With Facade

1157 Princess Ave, Victoria, BC - Outdoor

1157 Princess Ave, Victoria, BC - Indoor Photo Showing Kitchen

1157 Princess Ave, Victoria, BC - Indoor Photo Showing Other Room

1157 Princess Ave, Victoria, BC - Indoor Photo Showing Bedroom

1157 Princess Ave, Victoria, BC - Indoor Photo Showing Bathroom

1157 Princess Ave, Victoria, BC - Indoor Photo Showing Living Room

1157 Princess Ave, Victoria, BC - Indoor

1157 Princess Ave, Victoria, BC - Photo Showing Other Room

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1157 Princess Ave, Victoria, BC, V8T 1L2

$1,650,000

Property Information:

Exceptional Investment Opportunity in Fernwood. Unveil a unique investment gem in the heart of Fernwood with this 4-unit character conversion property. Well-preserved to highlight its original architectural details, this residence unites historic elegance with contemporary comfort. Each of the 4 charming 1-bedroom units is ideal for singles or couples, boasting hardwood floors, generous kitchens, and impressive ceilings—10 feet on the main floor and 9 feet on the upper level. The property also includes a non-legal bachelor suite in the basement, adding potential for additional income. This character conversion property is a prime investment for keen investors. With the high demand for distinctive rental spaces, this 4-unit beauty is poised to attract tenants swiftly. Located near bus routes, schools, shopping, and all the amenities Victoria has to offer, convenience is at your doorstep. Seize this rare opportunity to invest in a truly exceptional property in Fernwood.

Property Features:

Bedrooms: 4
Bathrooms: 5
Annual Tax Amount: $6,866
Architectural Style: Arts & Crafts
Basement: Partially Finished
Building Features: Transit Nearby
Built in: 1911
Construction Materials: Frame Wood, Wood
Cooling: None
Exterior Features: Fencing: Partial, Low Maintenance Yard
Floor Space (approx): 4433 Square Feet
Flooring: Hardwood, Vinyl, Wood
Foundation Details: Concrete Perimeter, Slab
Heating: Baseboard
Laundry Features: Common Area
Lot Features: Central Location, Easy Access, Level, Shopping Nearby, Sidewalk
Lot Frontage: 7200 Square Feet
Lot Size: 7200.00 Square Feet
Ownership: Freehold
Parking Features: Carport, Carport Triple, Detached, On Street
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Resale
Property Sub Type: Quadruplex
Roof: Asphalt Shingle
Water Source: Municipal
Zoning: R-2 Two Family Dwelling
Zoning Description: Multi-Family
Sewer:
No. of Parking Spaces: 4

Rooms:

Other Main Level 5.03 m x 3.66 m Note: Entrance
Bedroom Main Level 2.74 m x 3.30 m
Bathroom Main Level
Bedroom Main Level 3.43 m x 4.19 m
Bathroom Main Level
Kitchen Main Level 1.65 m x 3.40 m
Kitchen 2nd Level 3.28 m x 2.01 m
Kitchen Main Level 2.64 m x 3.66 m
Bedroom 2nd Level 3.78 m x 4.32 m
Bathroom 2nd Level

Convert Measurement to:

Courtesy of: eXp Realty

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.

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Location of 1157 Princess Ave, Victoria, BC, V8T 1L2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 1157 Princess Ave , experiences 7 hot days per year at around 27.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past

27.5℃

2050

30.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

86/100

High

ClimateCheck®

Current data

This property, 1157 Princess Ave , experiences 12 significant 2-day storms per year, with about 494.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 567mm of precipitation per year.

Precipitation Per Storm

Past

494.1mm

2050

567mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1157 Princess Ave, Victoria, BC, V8T 1L2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$99,906.14

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.37 %

High school certificate or equivalent

31.89 %

Apprenticeship trade certificate/diploma

6.55 %

College/non-university certificate

17.19 %

University certificate (below bachelor)

1.91 %

University Degree

32.08 %

Commuter

Travel To Work

By Car

50.14 %

By Public Transit

9.28 %

By Walking

25.04 %

By Bicycle

11.82 %

By Other Methods

3.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.89 %

Houses

36.11 %

Own Vs. Rent

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Property Information:

Property Features:

Rooms:

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Location of 1157 Princess Ave, Victoria, BC, V8T 1L2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1157 Princess Ave, Victoria, BC, V8T 1L2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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