331 Niagara Street

Victoria, British Columbia V8V1G7

MLS # 1053381

$1,700,000

Property Details

Type

Triplex

Beds

Baths

Status

For Sale

More homes like this

Triplexs For Sale in Victoria Homes For Sale in Victoria 6+ Bedroom Triplexs in Victoria

About this property

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. Just minutes from downtown Victoria, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by. A truly rare turnkey opportunity!

Mortgage Estimate

Price Down Payment % Rate % Years

Estimated monthly payment

Calculating…

Estimate only. Taxes, insurance, condo fees, and lender terms are not included.

Monthly costs to verify

Property taxes: about $659/month based on listed annual taxes.

Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.

Rooms

Room	Level	Dimensions
Other	Lower level	12 x 4
Entrance	Lower level	7 x 6
Storage	Lower level	9 x 7
Bedroom	Lower level	14 x 11
Bedroom	Lower level	10 x 9
Living room	Lower level	14 x 10
Dining room	Lower level	12 x 10
Storage	Lower level	15 x 11
Kitchen	Lower level	15 x 11
Bathroom	Lower level	4-Piece
Laundry room	Lower level	18 x 11
Living room	Second level	16 x 15
Storage	Second level	6 x 4
Storage	Second level	7 x 5
Bedroom	Second level	12 x 11
Bedroom	Second level	15 x 11
Eating area	Second level	9 x 8
Kitchen	Second level	10 x 9
Dining room	Second level	10 x 7
Bathroom	Second level	4-Piece