Nestled in a quiet pocket of Oaklands just two blocks from Hillside Mall, this meticulously maintained LEGAL 4-plex is a rare opportunity to secure a strong, income-producing investment. Originally built in the 1920s, the home was moved to its current location and converted to a 4-plex with permits in 1989. Set on a private 13,000+ sq ft panhandle lot, the property offers three bright 2-bedroom suites and one spacious 1-bedroom + den, each with separate entrances, individual meters, hot water tanks, and outdoor space. Character details include 10-foot ceilings and loft-style bedrooms in the upper units, while the garden suites provide generous layouts filled with natural light. Practical features include 300-amp service, common laundry, updated windows, and a double garage (one side converted to storage). With direct transit to UVIC, Camosun, and downtown, this property offers both immediate rental income and excellent long-term holding value. Fully tenanted with a showing schedule.
Data was last updated October 4, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$884,950
Min list price:
$387,000
Max list price:
$2,150,000
Avg days on market:
43
Min days on market:
1
Max days on market:
218
Avg price per sq.ft.:
$600.9
These statistics are generated based on the current listing's property type
and located in
Vi Oaklands. Average values are
derived using median calculations. This data is not produced by the MLS® system.