Excellent long-term tenants w/strong revenue make this updated 1/2 duplex an exceptional investment opportunity in the heart of Fernwood. Ideally located across the street from a beautiful neighbourhood park & surrounded by the charm of this vibrant community, this property offers independent living with 2 self-contained suites—one upper/one lower. Thoughtfully maintained & extensively updated, improvements include heat pump, soundproofing, a Rheem Marathon HWT, a newer roof, & a well-designed common storage room featuring 2 private locking storage areas, one for each tenant. The generous indoor storage area is perfect for bikes, paddleboards & all your favourite sports/hobby equipment. Generating nearly $6,000 per month in revenue, this turnkey property offers reliable income w/excellent tenants already in place. Whether you're seeking a fully updated investment property or a flexible multigenerational living arrangement, this well-maintained Fernwood gem is a rare opportunity
Property Type:
Residential
Type:
Half Duplex
Year built:
1943
(Age: 83)
Living Area:
1,715 sq. ft.159 m2
Auxiliary Building Living Area:
1,050 sq. ft.97.5 m2
Main Building Living Area:
665 sq. ft.61.8 m2
Listing General Location:
Vi Fernwood, Victoria
Bedrooms:
5
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
1,570 sq. ft.146 m2
Lot Details:
52 ft wide x 63 ft deep
Kitchens:
2
Home Style:
Character
Taxes:
$4,641.86 /
2026
Construction:
Frame Wood, Vinyl Siding, Wood
New Construction:
No
Basement:
Finished
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Levels:
3
Number of Storeys:
3
Number of Buildings:
1
Floor finish:
Carpet, Tile
Total Building Area:
1,958 sq. ft.182 m2
Total Unfinished Area:
243 sq. ft.22.6 m2
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
1
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
682 sq. ft.63.4 m2
Living Area Main Floor:
665 sq. ft.61.8 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
368 sq. ft.34.2 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Gas, Living Room, Propane
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
Exists
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Heat Pump
Fireplace:
Yes
Pending Date:
Jul 24, 2026
Date Sold:
Aug 27, 2026
Balcony/Patio, Fencing: Full
Private Drive/Road
City
Deck/Patio
Main Level
0
No
See ByLaws
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Living Room
13'3.96 m × 12'3.66 m
Main Floor
Entrance
6'1.83 m × 3'.91 m
Main Floor
Kitchen
11'3.35 m × 10'3.05 m
Main Floor
Dining Room
10'3.05 m × 7'2.13 m
Main Floor
Bedroom - Primary
12'3.66 m × 9'2.74 m
Main Floor
Porch
13'3.96 m × 6'1.83 m
2nd Floor
Bedroom
13'3.96 m × 10'3.05 m
2nd Floor
Bedroom
12'3.66 m × 9'2.74 m
Lower Level
Storage
12'3.66 m × 5'1.52 m
Lower Level
Other
7'2.13 m × 4'1.22 m
Lower Level
Kitchen
9'2.74 m × 9'2.74 m
Lower Level
Living Room
15'4.57 m × 8'2.44 m
Lower Level
Bedroom
10'3.05 m × 10'3.05 m
Lower Level
Storage
11'3.35 m × 11'3.35 m
Lower Level
Entrance
7'2.13 m × 4'1.22 m
Lower Level
Storage
12'3.66 m × 5'1.52 m
Lower Level
Bedroom
11'3.35 m × 9'2.74 m
Floor
Ensuite
Pieces
Other
Main Floor
No
3
3-Piece
Lower Level
No
3
3-Piece
Assessed:
817000.0
Assessment year:
2026
Association Fee:
$.00
Association Fee Year:
2026
Jurisdiction name:
City of Victoria
Legal Description:
STRATA LOT A, PLAN VIS4776, SECTION SR, VICTORIA LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE