1157 Princess Ave
Victoria
V8T 1L2
$1,399,999
Residential
beds: 4
baths: 5.0
3,198 sq. ft.
built: 1911
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1049112
- Bedrooms:
- 4
- Bathrooms:
- 5
- Year Built:
- 1911
- Photos (34)
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BC Assessment: $1,579,000. A rare investment opportunity in the heart of Fernwood! This well-maintained 4-unit character conversion offers a unique blend of historic charm, generous living spaces, and excellent income potential. Each of the four 1-bedroom suites features hardwood floors, spacious kitchens and impressive ceiling heights—approximately 10 feet on the main level and 9 feet upstairs. Original character details throughout add warmth and appeal, while a non-legal bachelor suite in the basement provides additional income potential. Ideally located in one of Victoria’s most desirable and vibrant neighbourhoods, just steps from transit, schools, shopping, parks and everyday amenities. With four established suites, timeless character and a prime Fernwood location, this is a compelling opportunity for investors looking to add a distinctive multi-unit property to their portfolio.
- Property Type:
- Residential
- Type:
- Quadruplex
- Year built:
- 1911 (Age: 115)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 3,198 sq. ft.
- Listing General Location:
- Vi Fernwood, Victoria
- Bedrooms:
- 4
- Bathrooms:
- 5.0 (Full:-/Half:-)
- Lot Size:
- 7,200 sq. ft.
- Lot Details:
- 60x120
- Kitchens:
- 5
- Home Style:
- Arts & Crafts
- Taxes:
- Signup
- Building Features:
- Transit Nearby
- Construction:
- Frame Wood, Wood
- New Construction:
- No
- Basement:
- Partially Finished
- Foundation:
- Concrete Perimeter, Slab
- Roof:
- Asphalt Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Hardwood, Vinyl, Wood
- Total Building Area:
- 4,433 sq. ft.
- Total Unfinished Area:
- 1,235 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 2
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 2
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 318 sq. ft.
- Living Area Main Floor:
- 1,455 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,435 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Baseboard
- Fireplace:
- No
- Warranty:
- No
- Pending Date:
- Signup
- Fencing: Partial, Low Maintenance Yard
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Bed and Breakfast:
- Potential
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 4
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Resale
- Exposure / Faces:
- North
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Central Location, Easy Access, Level, Shopping Nearby, Sidewalk
- Attached Garage:
- No
- Carport Spaces:
- 4
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Carport, Carport Triple, Detached, On Street
- Total Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- Sep 18, 2026
- Original Price:
- 1399999.0
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Listed by eXp Realty
Data was last updated September 18, 2026 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 30
- Avg list price:
- $869,450
- Min list price:
- $335,000
- Max list price:
- $2,599,999
- Avg days on market:
- 42
- Min days on market:
- 1
- Max days on market:
- 202
- Avg price per sq.ft.:
- $540.47
These statistics are generated based on the current listing's property type
and located in
Vi Fernwood. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- SARAH VIDALIN
- COLDWELL BANKER OCEANSIDE
- 1 (778) 6766768
- Contact by Email