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!
Address
1270 Yates St
List Price
$2,599,999
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Fernwood
Lot Size
10530 Sq. Ft.
Lot Size (Acres)
0.24 Ac.
Year Built
1901
MLS® Number
1028840
Listing Brokerage
Oakwyn Realty Ltd.
Postal Code
V8V 3N3
Tax Amount
$16,253.15
Tax Year
2025
Features
Carpet, Electric, Hardwood, Mixed, Sump Pump
Amenities
Balcony/Deck, Corner Lot, Fenced, Fencing: Full, Garden