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331 Niagara St, Victoria
James Bay · Triplex · MLS® 1053381 · Listed Oct 29, 2026
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. Minutes from downtown, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by. Measurments approx, confirm if important. A truly rare turnkey opportunity!
| Property Type | Triplex |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Interior | 4,682 sqft |
| Lot Size | 4,922 sqft (0.11 acres) |
| Parking | 3 spaces |
| Year Built | 1911 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric |
| Basement | Finished, Full, Walk-Out Access, With Windows |
| Exterior | Frame Wood, Stucco, Wood |
| Roof | Fibreglass Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Mixed |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $7,904.51 (2026) |
| Laundry | Common |
| MLS® # | 1053381 |
| Brokerage | RE/MAX Camosun |
For sale now at $1,700,000.
No registered sales on file yet.
Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.
Similar properties sold within 6 months
152 sales in James Bay 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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152 sales in James Bay 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
James Bay all property types averages, updated daily. See James Bay market stats or Victoria market stats.
It is listed at $1,700,000.
A Triplex in James Bay, Victoria with 6 bedrooms, 4 bathrooms, 4,682 sqft, built in 1911.
It has 3 parking spaces (Driveway).
The lot is 4,922 sqft (0.11 acres).
Victoria is currently a seller's market: median sold price $830,000, 3.1 months of inventory, homes typically selling in about 43 days.
There are 49 duplexes for sale in James Bay right now. Browse all James Bay duplexes for sale to see current listings, updated daily from the MLS® system.
The median duplexe sold price in James Bay is $830,000, based on 152 sales over the past 12 months. The median price per square foot is $717. Compare asking prices across the duplexes currently for sale in James Bay.
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: Oct 31, 2026.
