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$879,000
British Columbia,Victoria
For Sale Active
1228 Pembroke St, Victoria, British Columbia V8T1J8
  • 5
  • 2
  • 1,715 Sqft
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Basic Details
Description

An outstanding investment opportunity in the heart of Fernwood, this beautifully maintained & thoughtfully updated half duplex combines strong revenue, excellent long-term tenants & a highly desirable location. Situated directly across from a picturesque neighbourhood park & surrounded by the character that makes Fernwood one of Victoria’s most sought-after communities, this property offers flexibility, functionality & reliable income. Designed with

independent living in mind, the home features two self-contained suites, allowing both upper & lower occupants to enjoy privacy & comfort. The property has been extensively upgraded & carefully maintained, creating a truly turnkey opportunity for investors or families seeking a multigenerational living solution. Recent improvements include efficient heat pump, enhanced soundproofing between the suites, a Rheem Marathon hot water tank & a newer roof, providing peace of mind while improving comfort for both occupants. A standout feature is the thoughtfully designed common storage area with two separate locking storage lockers—one for each suite. This secure indoor space is ideal for bicycles, paddleboards, seasonal gear, tools & equipment that support an active West Coast lifestyle. The property currently generates close to $6, 000 per month in rental income with excellent long-term tenants already in place. The strong revenue stream & quality tenant profile make the property an attractive addition to any portfolio. Directly across the street, the neighbourhood park provides a beautiful green outlook, while the charming little free library adds to the welcoming community atmosphere. Whether you’re looking for a fully updated revenue property, a mortgage helper arrangement, or a flexible multigenerational living option, this exceptional duplex offers a rare combination of location, condition, and income potential. Proudly Presented By Ann Watley Personal Real Estate Corporation, Pemberton Holmes Real Estate (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1039448
  • Price: $879,000
  • Bedrooms: 5
  • Bathrooms: 2
  • View: City view
  • Square Footage: 1,715 Sqft
  • Year Built: 1943
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 53151
Features & Appliances
Features
  • Heating System: Baseboard heaters, Electric, Heat Pump
  • Cooling System: Air Conditioned
  • Parking: Street
  • Architectural Style: Character
  • Fireplaces Total: 1
Address Map
  • Location: CA, British Columbia, Victoria, V8T1J8
  • Street: Pembroke
  • Street Number: 1228
  • Street Suffix: Street
  • Longitude: W124° 39' 5.7''
  • Latitude: N48° 25' 54.7''
  • Zoning: Residential
Additional Information
  • Community Features:
  • Lot Features:
  • Lot Size Dimensions: 1570
Financial
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: 4443.91
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Listing updated: 2026-06-17 05:58:46
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Listing Information
  • List Agent Key: 1500086
  • List Office Key: 53151
  • Modification Timestamp: 2026-06-16T18:40:13Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2026-06-16T18:30:45Z
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Listing updated: 2026-06-17 05:58:46
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