Bruce McCulloch

Personal Real Estate Corporation

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1157 Princess Ave
Vi Fernwood Victoria V8T 1L2

$1,549,999
Residential beds: 4 baths: 5.0 3,198 sq. ft. built: 1911

Main Photo: 1157 Princess Ave in Victoria: Vi Fernwood Quadruplex for sale : MLS®# 1021210
Photo 1: 1157 Princess Ave in Victoria: Vi Fernwood Quadruplex for sale : MLS®# 1021210
Photo 2: 1157 Princess Ave in Victoria: Vi Fernwood Quadruplex for sale : MLS®# 1021210
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1021210
Bedrooms:
4
Bathrooms:
5
Year Built:
1911
Discover a rare investment gem in the heart of Fernwood—a well-maintained 4-unit character conversion that blends historic charm with modern comfort. Original architectural details shine throughout, paired with inviting living spaces that tenants love. Each of the four 1-bedroom suites features hardwood floors, spacious kitchens, and impressive ceiling heights—10 feet on the main level and 9 feet upstairs. A non-legal bachelor suite in the basement adds valuable income potential. With high demand for unique, character-filled rentals, this property is a strong performer. Located steps from bus routes, schools, shopping, and all Victoria amenities, convenience is built in. Opportunities like this in Fernwood are rare—secure a standout income property in a sought-after neighbourhood.
Property Type:
Residential
Type:
Quadruplex
Year built:
1911 (Age: 114)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
3,198 sq. ft.
Listing General Location:
Vi Fernwood, Victoria
Bedrooms:
4
Bathrooms:
5.0 (Full:-/Half:-)
Lot Size:
7,200 sq. ft.
Lot Details:
60x120
Kitchens:
5
Home Style:
Arts & Crafts
Taxes:
Building Features:
Transit Nearby
Construction:
Frame Wood, Wood
New Construction:
No
Basement:
Partially Finished
Foundation:
Concrete Perimeter, Slab
Roof:
Asphalt Shingle
Ceiling Heights:
Floor finish:
Hardwood, Vinyl, Wood
Total Building Area:
4,433 sq. ft.
Total Unfinished Area:
1,235 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
2
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
2
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
318 sq. ft.
Living Area Main Floor:
1,455 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,435 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Warranty:
No
Pending Date:
Fencing: Partial, Low Maintenance Yard
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
2nd Floor
2nd Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
R-2 Two Family Dwelling
Bed and Breakfast:
Potential
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
4
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
North
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Central Location, Easy Access, Level, Shopping Nearby, Sidewalk
Attached Garage:
No
Carport Spaces:
4
Garage Spaces:
0
Garage:
No
Parking Features:
Carport, Carport Triple, Detached, On Street
Total Parking Spaces:
4
Total Units:
Date Listed:
Nov 26, 2025
Original Price:
1549999.0
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Listed by eXp Realty
Data was last updated November 26, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$889,900
Min list price:
$375,000
Max list price:
$1,550,000
Avg days on market:
55
Min days on market:
1
Max days on market:
154
Avg price per sq.ft.:
$647.52
These statistics are generated based on the current listing's property type and located in Vi Fernwood. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Bruce McCulloch
Cell: 250-216-5676
Office: 250-479-3333
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.