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421 Vancouver St, Victoria, BC, V8V 3T4

  • $3.5M Price
  • 5,545 Sqft
  • .17 Acres
  • 62 DOM
  • $3.5M Price
  • 5,545 Sqft
  • .17 Acres
  • 62 DOM

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421 Vancouver St

– $3,495,000

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.

Essential Information

  • MLS® #1029992
  • Price$3,495,000
  • Square Footage5,545
  • Acres0.17
  • Year Built1912
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StatusActive
  • Taxes$12,696
  • Tax Year2025

Community Information

  • Address421 Vancouver St
  • AreaVi Fairfield West
  • CityVictoria
  • CountyCapital Regional District
  • ProvinceBC
  • Postal CodeV8V 3T4

Interior

  • HeatingBaseboard
  • # of Stories3

Exterior

  • Exterior FeaturesBalcony, Fencing: Partial
  • ConstructionStucco
  • FoundationPoured Concrete

Additional Information

  • Listing OfficeDFH Real Estate Ltd.
  • Date ListedApril 8th, 2026
  • Days on Market62
  • ZoningApartment GRD-1
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NOTE: 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. The website must only be used by consumers for the purpose of locating and purchasing real estate.