Victoria · Commercial Sale · MLS® 1028840

1270 Yates St, Victoria

$2,599,999
1901Year Built
84Days on Market

About this property

Situated in a vibrant, character-rich neighbourhood, this distinguished heritage property offers a rare investment opportunity combining timeless architecture with strong income potential. The stately exterior showcases ornate woodwork, expansive windows, grand columns, and a welcoming wrap-around veranda, creating exceptional curb appeal and a lasting first impression. Inside, the property has been legally configured into ten unique rental suites. Units feature impressive ceiling heights along with restored hardwood flooring, classic moldings, and charming fireplaces. These elements create an elevated living experience that continues to attract quality tenants seeking both character and comfort.
The property delivers strong, reliable performance, generating approximately $18,000 per month in rental income.
Ideally located with a walk score of 73 and transit at your doorstep!

Features & details

DDF Property Type Multi-family
Building Type Multi-Family
Land Size 10,530 sq ft
Construction Date 1901
Feature Corner Site
Property Type Multi Family
Heating Electric
Cooling None
Water Source Municipal
Sewer Sewer Connected
Flooring Carpet,Hardwood,Mixed
Foundation Poured Concrete,Stone
Zoning GRD-1(PGA)

Location

Brokerage Listed by Oakwyn Realty Ltd.. Information is deemed reliable but not guaranteed.