1157 Princess Ave, Victoria
Fernwood · Quadruplex · MLS® 1049112 · Listed Sep 18, 2026
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.
| Property Type | Quadruplex |
| Bedrooms | 4 |
| Bathrooms | 5 |
| Interior | 3,198 sqft |
| Lot Size | 7,200 sqft (0.17 acres) |
| Lot Features | Central Location, Easy Access, Level, Shopping Nearby, Sidewalk |
| Parking | 4 spaces |
| Year Built | 1911 |
| Heating | Baseboard |
| Basement | Partially Finished |
| Exterior | Frame Wood, Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter, Slab |
| Flooring | Hardwood, Vinyl, Wood |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Multi-Family |
| Taxes | $9,131 (2026) |
| MLS® # | 1049112 |
| Brokerage | eXp Realty |
54 homes sold in Fernwood in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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54 homes sold in Fernwood in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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Similar properties sold within 6 months
54 sales in Fernwood in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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54 sales in Fernwood in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
Fernwood single-family averages, updated daily. See Fernwood market stats or Victoria market stats.
It is listed at $1,399,999.
A Quadruplex in Fernwood, Victoria with 4 bedrooms, 5 bathrooms, 3,198 sqft, built in 1911.
It has 4 parking spaces (Carport, Carport Triple, Detached, On Street).
The lot is 7,200 sqft (0.17 acres).
Victoria is currently a seller's market: median sold price $1,100,000, 3 months of inventory, homes typically selling in about 34 days.
There are 9 houses for sale in Fernwood right now. Browse all Fernwood houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Fernwood is $1,100,000, based on 54 sales over the past 12 months. The median price per square foot is $611. Compare asking prices across the houses currently for sale in Fernwood.
NOTE: 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. Data last updated: Sep 28, 2026.