Four-unit rental property in desirable James Bay. Each suite is separately metered and generous in size, with deck space and access to a shared yard. The property was extensively updated in the ’80s and received further updates in 2024. Clean and tidy, with storage lockers, bike storage, and coin-operated laundry. The property is a legal non-conforming triplex (R-2 zoned; confirm with the City of Victoria if important), with a fourth unauthorized basement suite. There are four great tenants who would like to stay, offering continuity for a new owner. The easy-to-maintain backyard features garden beds ready for some love. Just minutes from downtown Victoria, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by. A truly rare turnkey opportunity! (id:44056)

Property Details

Full Address:
331 Niagara St, Victoria, British Columbia
Price:
$ 1,700,000
MLS Number:
1053381
List Date:
October 30th, 2026
Lot Size:
4922 sq.ft.
Year Built:
1911
Taxes:
$ 7,905

Interior Features

Bedrooms:
6
Bathrooms:
4
Total Rooms:
Lower level
Other
4 x 12 feet
Entrance
6 x 7 feet
Storage
7 x 9 feet
Bedroom
11 x 14 feet
Bedroom
9 x 10 feet
Living room
10 x 14 feet
Dining room
10 x 12 feet
Storage
11 x 15 feet
Kitchen
11 x 15 feet
Laundry room
11 x 18 feet
Second level
Living room
15 x 16 feet
Storage
4 x 6 feet
Storage
5 x 7 feet
Bedroom
11 x 12 feet
Bedroom
11 x 15 feet
Eating area
8 x 9 feet
Kitchen
9 x 10 feet
Dining room
7 x 10 feet
Den
7 x 8 feet
Main level
Living room
13 x 16 feet
Bedroom
11 x 11 feet
Kitchen
11 x 16 feet
Entrance
7 x 8 feet
Living room
12 x 16 feet
Bedroom
10 x 11 feet
Kitchen
10 x 16 feet
Porch
3 x 34 feet
Air Conditioning:
None
Heating:
Baseboard heaters, Electric
Fireplaces:
1

Building Features

Zoning:
Residential
Garage Spaces:
3
Ownership Type:
Freehold
Taxes:
$ 7,905

Floors

Finished Area:
4682 sq.ft.

Land

Lot Size:
4922 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Travis Heemskerk RE/MAX Camosun
250-686-7964
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Listing Agent(s)

Lead Agent: Travis Heemskerk
Office: RE/MAX Camosun
Originating Board: Victoria Real Estate Board
Co-Listing: Matthew Benedict
RE/MAX Camosun

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