Description
Excellent long-term tenants w/strong revenue make this updated 1/2 duplex an exceptional investment opportunity in the heart of Fernwood. Ideally located across the street from a beautiful neighbourhood park & surrounded by the charm of this vibrant community, this property offers independent living with 2 self-contained suites—one upper/one lower. Thoughtfully maintained & extensively updated, improvements include heat pump, soundproofing, a Rheem Marathon HWT, a newer roof, & a well-designed common storage room featuring 2 private locking storage areas, one for each tenant. The generous indoor storage area is perfect for bikes, paddleboards & all your favourite sports/hobby equipment. Generating nearly $6,000 per month in revenue, this turnkey property offers reliable income w/excellent tenants already in place. Whether you're seeking a fully updated investment property or a flexible multigenerational living arrangement, this well-maintained Fernwood gem is a rare opportunity
Property Details
| Property Type | Residential |
| Property Sub Type | Half Duplex |
| Listing ID | 1039448 |
| Status | Active |
| City | Victoria |
| Area | Victoria |
| Sub-Area | Vi Fernwood |
| Postal Code | V8T 1J8 |
| Property Taxes | $4,443.91 (2025) |
| Strata/Maintenance Fee | $0.00 |
| Parking Total | 1 |
| Facing | East |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Baseboard,Electric,Heat Pump |
| Cooling | Air Conditioning |
| Fireplaces | 1 |
| Fireplace Type | Gas,Living Room,Propane |
| Exterior Features | Balcony/Patio,Fencing: Full |
| Construction | Frame Wood,Vinyl Siding,Wood |
| Roof | Fibreglass Shingle |
| Foundation | Poured Concrete |
| Basement | Finished |
| Laundry | In Unit |
| Listed Date | Jun 15, 2026 |
| Ownership | Strata |
| Lot Size | 0.04 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 3-Piece | |
| Dining room | Main level | 10 ft x 7 ft | |
| Entrance | Main level | 3 ft x 6 ft | |
| Kitchen | Main level | 10 ft x 11 ft | |
| Living room | Main level | 12 ft x 13 ft | |
| Porch | Main level | 13 ft x 6 ft | |
| Primary Bedroom | Main level | 9 ft x 12 ft |
Building Details
| Architectural Style | Character |
| Heating | Baseboard heaters, Heat Pump |
| Heating Fuel | Electric |
| Stories | -1 |
Parking
| Type | Spaces |
|---|---|
| Street |
Additional Information
| Features | Rectangular |
| Community | Pets not Allowed, Family Oriented |
| View | City view |
| Land Size | 1570 sqft |
| Building Type | Duplex |
| Interior Size | 1715 sqft |
| Transaction | For sale |