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$3,495,000
British Columbia,Victoria
For Sale Active
421 Vancouver St, Victoria, British Columbia V8V3T4
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 1029992
  • Price: $3,495,000
  • Year Built: 1912
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 53126
Features & Appliances
Features
  • Heating System: Baseboard heaters
Address Map
  • Location: CA, British Columbia, Victoria, V8V3T4
  • Street: Vancouver
  • Street Number: 421
  • Street Suffix: Street
  • Longitude: W124° 38' 27.4''
  • Latitude: N48° 24' 59.5''
  • Zoning: Unknown
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 7361
  • Number Of Units Total: 12
Financial
  • Tax Annual Amount: 12696
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Listing updated: 2026-06-19 22:12:00
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Listing Information
  • List Agent Key: 1436763
  • List Office Key: 53126
  • Modification Timestamp: 2026-04-08T22:45:27Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2026-04-08T22:38:42Z
Powered by REALTOR.ca
Listing updated: 2026-06-19 22:12:01
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