Price
$1,749,900
Bedrooms4 Beds
Bathrooms3 Baths
Size3437 sqft
Year Built1912
Property TypeDetached Home
Property Taxes$8,537.83
JUST LISTED in the heart of Fairfield! This charming and versatile 1912 legal triplex beautifully blends timeless character with modern opportunity—offering exceptional flexibility for today’s lifestyle. Nestled just steps from the iconic Dallas Road waterfront, this residence sits proudly on a nearly 6,000 sq ft lot in one of Victoria’s most sought-after neighbourhoods. This three-level character home features three fully self-contained suites, each with its own private entrance. Whether you’re looking to support multi-generational living, generate strong rental income, or explore future development potential, this home offers remarkable versatility. The architectural charm is evident throughout, with coffered ceilings, classic hardwood floors, rebuilt original-style chimney, and elegant built-ins that speak to the craftsmanship of a bygone era. The top-floor suite is a bright, tree-lined retreat complete with a sunny home office and private deck—a perfect perch for morning coffee or quiet work-from-home days. The lower-level suite provides a spacious, updated 1-bedroom layout, ideal for extended family or tenants. Thoughtful upgrades have been made over the years, including a newer roof, upgraded perimeter drains, fresh exterior paint, and that rebuilt chimney to maintain structural integrity and curb appeal. A west-facing backyard adds to the appeal, offering sunshine, privacy, and room to grow. There’s bike storage, concrete parking, and even the potential to stratify or add a garden suite (buyer to verify with the City of Victoria). This is a rare chance to own a classic Fairfield property with significant income potential and lifestyle flexibility. Whether you're a savvy investor, an extended family, or someone who dreams of living steps from the ocean with options to grow—this is one to see. (id:39198)
The listing brokerage and/or agent is Keller Williams Ocean Realty VanCentral
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$6,998 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,399,920
Total Interest Payments
$863,136
Total Payment (Principal + Interest)
$2,263,056
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.