Registered Heritage Triplex offering strong income and future upside. Currently generating approx. 73k/yr (4.64 cap) this character-rich property features spacious units with high ceilings, original wood floors, mouldings, and doors. All 3 suites have private entrances, and the home has 3 sep. hydro meters. Gas forced air serves the main and lower suites, with common laundry. The upper suite has electric heat and in-suite laundry. Grants are available for exterior maintenance. Off-street parking for 3 vehicles. Ideally located close to major bus routes, shops, and amenities, all within walking distance to downtown. Lovingly maintained with charming period details throughout. Excellent long-term tenants in place. There are 4 true bedrooms with closets and 2 additional rooms currently used as bedrooms without closets. Potential exists to expand the (now vacant) lower studio into a one-bed, creating additional value and income potential. An appealing opportunity in the heart of Victoria.
Address
1334 Johnson St
List Price
$1,249,900
Property Type
Residential
Type of Dwelling
Full Duplex
Style of Home
Character
Area
Victoria
Sub-Area
Vi Downtown
Bedrooms
4
Bathrooms
3
Floor Area
2,915 Sq. Ft.
Lot Size
4805 Sq. Ft.
Lot Size (Acres)
0.11 Ac.
Year Built
1912
MLS® Number
1003546
Listing Brokerage
Pemberton Holmes Ltd.
Basement Area
Partially Finished
Postal Code
V8V 3P1
Tax Amount
$5,443.14
Tax Year
2024
Features
Baseboard, Electric, F/S/W/D, Forced Air, Hot Water, Natural Gas, Wood Frames
Amenities
Cleared, Fencing: Partial, Level, Rectangular Lot, Sloped