$1,700,000
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331 Niagara St, Victoria

Victoria, BC V8V 1G7
MLS® 1053381
6
Bedrooms
4
Bathrooms
4,682
Sq Ft
1911
Year Built
1
Days on Market

Description

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. Minutes from downtown, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by. Measurments approx, confirm if important.

A truly rare turnkey opportunity!

Property Details

Property Type Residential
Property Sub Type Triplex
Listing ID 1053381
Status Active
City Victoria
Area Victoria
Sub-Area Vi James Bay
Postal Code V8V 1G7
Property Taxes $7,904.51 (2026)
Parking Total 3
Facing North
Water Municipal
Sewer Sewer Connected
Heating Baseboard,Electric
Fireplaces 1
Fireplace Type Gas
Exterior Features Balcony/Deck,Fencing: Partial,Garden
Construction Frame Wood,Stucco,Wood
Roof Fibreglass Shingle
Foundation Poured Concrete
Basement Finished,Full,Walk-Out Access,With Windows
Laundry Common Area
Listed Date Oct 30, 2026
Lot Size 0.11 acres

Location