Award winning character revenue property located on the eastern slope of Downtown at the Fernwood neighbourhood border. This Queen Anne style home was carefully restored in 2003 under duplex zoning, and later modified into two 1-bedroom ground floor suites and a large 3-bedroom suite on the upper floor. Each suite is individually metered, there is a common laundry area on the main floor and a full basement for storage. If you're looking for an affordable place to call home, then why not occupy 1 suite and earn revenue from the other 2 suites? Walking distance to downtown, Fernwood Village and Oak Bay Avenue with transit service outside your door! Ample on-site parking (6 spaces) off Fernwood Road and Rudlin Street. Need more revenue, then rent out the basement storage area or surplus parking spaces. Competitively priced for todays' market.
Address
1422 Fernwood Rd
List Price
$1,089,000
Property Type
Residential
Type of Dwelling
Triplex
Style of Home
Character
Area
Victoria
Sub-Area
Vi Downtown
Bedrooms
5
Bathrooms
3
Floor Area
2,295 Sq. Ft.
Lot Size
4760 Sq. Ft.
Lot Size (Acres)
0.11 Ac.
Year Built
1907
MLS® Number
1006845
Listing Brokerage
Sutton Group West Coast Realty
Basement Area
Full, Unfinished, Walk-Out Access, With Windows
Postal Code
V8V 4P7
Tax Amount
$5,015.00
Tax Year
2025
Features
Baseboard, Basement Slab, Bay Window(s), Blinds, Carpet, Controlled Entry, Dryer, Electric, Linoleum, Oven/Range Electric, Oven/Range Gas, Range Hood, Refrigerator, Softwood, Stained/Leaded Glass, Sump Pump, Washer, Wood Frames
Amenities
Balcony/Deck, Central Location, Corner Lot, Ground Level Main Floor, Low Maintenance Yard, Shopping Nearby, Sidewalk