421 Vancouver St, Victoria
Fairfield West · Multi Family · MLS® 1029992 · Listed Apr 8, 2026
Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST. Steps to BEACON HILL PARK, COOK STREET VILLAGE & the ICONIC DALLAS ROAD WATERFRONT. This 12 UNIT CHARACTER APARTMENT BUILDING has been meticulously maintained, extensively renovated & consistently updated by the owners over the past 2 decades, making this one of the finest turn-key buildings in the city! This opportunity has the core components Investors are looking for when purchasing this type of asset. Excellent Return On Investment, 5.59% CAP with current Market Rents, Income Stability, Low Vacancy Risk, Location & Market Demand, Building Condition, Operational Efficiency and Long Term Appreciation. GRD-1 Apartment Zone. 8 One-Bedroom, 1 One-Bedroom & Loft & 3 Bachelor Units all separately metered with their own Heat & Hot Water, 11 Suites have In-Unit Laundry & Tenants enjoy shared Lawn & Garden Area plus individual storage lockers & bike storage.
| Property Type | Multi Family |
| Lot Size | 7,361 sqft (0.17 acres) |
| Lot Features | Central Location, Corner Lot, Curb & Gutter, Easy Access, Landscaped, Level, Sidewalk |
| Year Built | 1912 |
| Heating | Baseboard |
| Exterior | Stucco |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Hardwood, Tile, Vinyl |
| Water | Municipal |
| Sewer | Sewer Connected |
| Taxes | $12,696 (2025) |
| MLS® # | 1029992 |
| Brokerage | DFH Real Estate Ltd. |
Similar properties sold within 6 months
Fairfield West single-family averages, updated daily. See Fairfield West market stats or Victoria market stats.
It is listed at $3,495,000.
A Multi Family in Fairfield West, Victoria with built in 1912.
The lot is 7,361 sqft (0.17 acres).
Victoria is currently a seller's market: median sold price $1,450,000, 3 months of inventory, homes typically selling in about 31 days.
There are 11 houses for sale in Fairfield West right now. Browse all Fairfield West houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Fairfield West is $1,450,000, based on 74 sales over the past 12 months. The median price per square foot is $700. Compare asking prices across the houses currently for sale in Fairfield West.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 8, 2026.
