Description
Victoria's lowest entry point for a 5-unit revenue property rewards the right buyer with verified financials, stable tenancies, and income records going back over a decade. Professionally managed since March 2015, this investment includes 4×1-bed suites and 1×2-bed suite, 5 parking spots, bike storage, and coin laundry. Walkable access to groceries, transit, and services in Oak Bay/Jubilee is exactly what keeps the units filled, and gross annual revenue of $75,732 reflects stable, long-term tenancies. Hands-on investors have room to improve their cap rate: self-management eliminates management fees, and taking on the low-maintenance landscaping reduces operating costs further. This is the ideal entry point for the solo investor adding their first multi-unit to a growing portfolio, or a small group ready to put their capital to work together.
Property Details
| Property Type | Residential |
| Property Sub Type | Quadruplex |
| Listing ID | 1032123 |
| Status | Active |
| City | Victoria |
| Area | Victoria |
| Sub-Area | Vi Jubilee |
| Postal Code | V8R 4W2 |
| Property Taxes | $7,156.33 (2025) |
| Parking Total | 5 |
| Facing | West |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Baseboard,Electric |
| Fireplaces | 2 |
| Fireplace Type | Living Room |
| Construction | Stucco |
| Roof | Other |
| Foundation | Poured Concrete |
| Basement | None |
| Laundry | Common Area |
| Listed Date | May 13, 2026 |
| Ownership | Freehold |
| Lot Size | 0.14 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 4-Piece | |
| Bathroom | Main level | 4-Piece | |
| Bedroom | Main level | 12 ft x 12 ft | |
| Bedroom | Main level | 9 ft x 11 ft | |
| Bedroom | Main level | 8 ft x 15 ft | |
| Dining room | Main level | 9 ft x 6 ft | |
| Dining room | Main level | 14 ft x 6 ft | |
| Entrance | Main level | 4 ft x 8 ft | |
| Entrance | Main level | 8 ft x 10 ft | |
| Entrance | Main level | 4 ft x 10 ft | |
| Kitchen | Main level | 7 ft x 7 ft | |
| Kitchen | Main level | 7 ft x 8 ft | |
| Living room | Main level | 8 ft x 15 ft | |
| Living room | Main level | 12 ft x 14 ft | |
| Storage | Main level | 3 ft x 5 ft |
Building Details
| Heating | Baseboard heaters |
| Heating Fuel | Electric |
| Stories | -1 |
Parking
| Type | Spaces |
|---|---|
| Stall |
Additional Information
| Land Size | 6180 sqft |
| Building Type | Fourplex |
| Interior Size | 3465 sqft |
| Transaction | For sale |