Situated in the highly desirable Fernwood, this large character home offers compelling opportunities for investors seeking strong rental potential and future upside. Currently tenanted, the property offers 8 bedrooms and 4 bathrooms, rented for a total of $4,941/month. The lower level features a self-contained 3 bedroom suite, created when the home was lifted in the 1990s. Configured for revenue, the home includes spacious principal rooms, high ceilings, and infrastructure that may support further suite separation, including multiple laundry rough-ins. While the property would benefit from updates, it offers significant value-add potential for a caring investor. Set on a level lot with a fenced backyard, apple tree, front veranda, and large rear deck. Located close to transit, schools, and amenities, and just minutes to downtown Victoria, this is a prime holding property with redevelopment or long-term income potential in one of the city’s most established neighbourhoods.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1913
(Age: 113)
Living Area:
3,347 sq. ft.311 m2
Listing General Location:
Vi Oaklands, Victoria
Bedrooms:
9
Bathrooms:
4.0
(Full:-/Half:-)
Lot Size:
5,446 sq. ft.506 m2
Lot Details:
50 ft wide
Kitchens:
2
Construction:
Frame Wood, Stucco
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle, Fibreglass Shingle
Levels:
3
Total Building Area:
3,645 sq. ft.339 m2
Total Unfinished Area:
298 sq. ft.27.7 m2
# Bedrooms or Dens Total:
9
# Main Level Bedrooms:
3
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
4
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
1,377 sq. ft.128 m2
Living Area Main Floor:
1,414 sq. ft.131 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
556 sq. ft.51.7 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Dryer, Refrigerator, Washer
Dining Room, Eating Area
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Victoria
Zoning:
R1-B
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
1
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
East
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Family-Oriented Neighbourhood, Rectangular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, RV Access/Parking
Total Parking Spaces:
4
Common Parking Spaces:
0
Date Listed:
Apr 23, 2026
Original Price:
1099000.0
Listed by Royal LePage Coast Capital - Chatterton
Data was last updated April 27, 2026 at 10:05 PM (UTC)
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