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  5. Joseph

156 Joseph Street, Fairfield East Victoria

Price

$1,749,900

Bedrooms4 Beds

Bathrooms3 Baths

Size3437 sqft

Year Built1912

Property TypeDetached Home

Property Taxes$8,537.83

Description

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)

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Listed By

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.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$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


Discuss Your Options With Us Today

Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Comber Friesen Group

Realtors

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Listed By: RE/MAX Camosun


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Meet Alex & Georgia

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.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions