1157 Princess Ave, Victoria, BC

BC Assessment: $1, 579, 000. A rare investment opportunity in the heart of Fernwood! This well-maintained 4-unit character conversion offers a unique blend of historic charm, generous living spaces, and excellent income potential. Each of the four 1-bedroom suites features hardwood floors, spacious kitchens and impressive ceiling heights—approximately 10 feet on the main level and 9 feet upstairs. Original character details throughout add warmth and appeal, while a non-legal bachelor suite in the basement provides additional income potential. Ideally located in one of Victoria’s most desirable and vibrant neighbourhoods, just steps from transit, schools, shopping, parks and everyday amenities. With four established suites, timeless character and a prime Fernwood location, this is a compelling opportunity for investors looking to add a distinctive multi-unit property to their portfolio.