Income Properties for Sale in Victoria BC

EXPLORE CURRENT INVENTORY OF MLS® income properties FOR SALE THROUGHOUT GREATER VICTORIA

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1-12/28
  • 1620 Camosun St in Victoria: Vi Fernwood Triplex for sale : MLS®# 1052968

    1620 Camosun St Vi Fernwood Victoria V8T 3E6
    Main Photo: 1620 Camosun St in Victoria: Vi Fernwood Triplex for sale : MLS®# 1052968
    $1,275,000
    Residential
    Status:
    Active
    MLS® Num:
    1052968
    Bedrooms:
    8
    Bathrooms:
    6
    Floor Area:
    4,725 sq. ft.
    Welcome to this well-maintained, character triplex in the heart of popular Fernwood. A unique property in versatility, ideal for owner occupancy with supplemental rental income, multi generational living or investors. Approximately $92,000 gross annual revenue, Currently configured as 6 self contained suites with the ability to easily combine the lower with upper levels to create 3 spacious family sized residences: suites 1&5, 2&6, 3&4. The main residence -Suite 1 & 5 are both vacant and ready for immediate occupancy. There is common coin-op laundry & rare driveway parking for 3 vehicles with additional street parking. Situated on a sunny, level 7000 ft.² lot, both front and backyards provide excellent exposure for gardening, entertaining or future landscaping. Prime urban location on a tree-lined street half a block from Vic High School, walking distance to Fernwood Square, local cafés and shops, Crystal Pool and Fitness Centre, Summit Park, Downtown Victoria, close to transit . More details
    Listed by Macdonald Realty Victoria
    Kamaretsos Real Estate Team
  • 546-548 Linden Ave in Victoria: Vi Fairfield West Full Duplex for sale : MLS®# 1052807

    546-548 Linden Ave Vi Fairfield West Victoria V8V 4G5
    Main Photo: 546-548 Linden Ave in Victoria: Vi Fairfield West Full Duplex for sale : MLS®# 1052807
    $1,495,000
    Residential
    Status:
    Active
    MLS® Num:
    1052807
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    2,739 sq. ft.
    A rare opportunity in the heart of Fairfield, this full side-by-side duplex offers three bedrooms and one bathroom on each side, ideal for investors, developers or multi-generational families. Both basements have separate entrances and could be developed into self-contained suites to boost rental revenue, while Bill 44 zoning changes open up the redevelopment potential. The 7,443 sq ft west-facing lot enjoys great sunlight and comes with back lane access and a double car garage. Steps from Cook Street Village, Beacon Hill Park, and Downtown Victoria. Buyer to conduct their own due diligence. More details
    Listed by Rennie & Associates Realty Ltd.
    Kamaretsos Real Estate Team
  • 2550/2552 Belmont Ave in Victoria: Vi Oaklands Full Duplex for sale : MLS®# 1052654

    2550/2552 Belmont Ave Vi Oaklands Victoria V8R 4A4
    Main Photo: 2550/2552 Belmont Ave in Victoria: Vi Oaklands Full Duplex for sale : MLS®# 1052654
    $1,150,000
    Residential
    Status:
    Active
    MLS® Num:
    1052654
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,682 sq. ft.
    Welcome home to 2550/2552 Belmont Avenue, a side-by-side duplex on a double-wide lot in Oaklands, one of Victoria’s most walkable and established neighbourhoods. Built in 1955, each side offers a self-contained 2 bedroom, 1 bathroom layout of 841 square feet, and both are now vacant, giving you a clean slate. The land is the story here: subdivide into two standard lots or explore redevelopment up to a 6-plex, subject to city approval. Life in Oaklands means tree-lined streets, friendly local cafes, parks, schools and cycling routes on your doorstep, with downtown Victoria just minutes away and transit steps from your front door. It is a community that continues to attract families, young professionals and long-time locals alike, with easy connections to Uptown, Hillside and the rest of the city. Whether you hold and rent, renovate or build, well-located land like this is increasingly hard to find. Call today to book your private showing. More details
    Listed by Macdonald Realty Victoria
    Kamaretsos Real Estate Team
  • 1064 Beverley Pl in Victoria: Vi Rockland Quadruplex for sale : MLS®# 1050729

    1064 Beverley Pl Vi Rockland Victoria V8S 3Z8
    Main Photo: 1064 Beverley Pl in Victoria: Vi Rockland Quadruplex for sale : MLS®# 1050729
    $3,290,000
    Residential
    Status:
    Active
    MLS® Num:
    1050729
    Bedrooms:
    13
    Bathrooms:
    7
    Floor Area:
    6,669 sq. ft.
    Pride of ownership is evident throughout this enhanced Rockland multifamily. Originally built in 1912 and completely reconstructed in 2016, with new roof in 2025, this impressive four-unit property has been meticulously maintained and thoughtfully upgraded ever since. A rare offering, this gorgeous home features 13 bedrooms and seven four-piece bathrooms across four beautifully appointed units. Each residence blends timeless character with contemporary finishes, showcasing coffered ceilings, elegant wall paneling, and cast-iron Valor gas fireplaces. Every unit has its own laundry, fire exit, storage locker, and separate gas and hydro meter. The upper two suites have been significantly upgraded with high-end appliances offering exceptionality within the building for an owner wishing to reside there. With its combination of historic charm, modern luxury, thoughtful design, and extensive updates, this distinctive Rockland property presents a truly unique opportunity. More details
    Listed by Pemberton Holmes Ltd.
    Kamaretsos Real Estate Team
  • 737 Vancouver St in Victoria: Vi Downtown Quadruplex for sale : MLS®# 1050447

    737 Vancouver St Vi Downtown Victoria V8V 3V4
    Main Photo: 737 Vancouver St in Victoria: Vi Downtown Quadruplex for sale : MLS®# 1050447
    $1,875,000
    Residential
    Status:
    Active
    MLS® Num:
    1050447
    Bedrooms:
    6
    Bathrooms:
    5
    Floor Area:
    3,051 sq. ft.
    737 Vancouver Street is a rare 4-suite investment property combining historic character with extensively updated building systems. Originally designed by John Teague for Hedley Chapman in 1892, the home underwent a comprehensive renovation in 2014, including a new foundation, all-new electrical and plumbing, perimeter drains, and extensive interior upgrades with design by Ryan Hoyt. The result is a character property positioned for streamlined long-term ownership. Each private suite features sound and fire separation, its own water and hydro meters, laundry, hot water tank, and storage locker. Exposed brick, fir flooring, soaring ceilings, and expansive windows retain the home’s timeless appeal. Ideally located just blocks from Cook Street Village and downtown, tenants enjoy easy access to shops, cafés, transit, and amenities. A detached single-car garage provides additional income potential or additional development opportunities. Gross monthly rent: $9,850 - Approx cap rate at 5.38% More details
    Listed by Engel & Volkers Vancouver Island
    Kamaretsos Real Estate Team
  • 124 St. Andrews St in Victoria: Vi James Bay Full Duplex for sale : MLS®# 1050274

    124 St. Andrews St Vi James Bay Victoria V8V 2M7
    Main Photo: 124 St. Andrews St in Victoria: Vi James Bay Full Duplex for sale : MLS®# 1050274
    $1,499,900
    Residential
    Status:
    Active
    MLS® Num:
    1050274
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    3,718 sq. ft.
    Exceptional James Bay revenue property with legal duplex status at 124 & 126 St. Andrews and excellent future potential. This 1907 character home is currently configured with 4 self-contained living areas, including 3 long-term tenancies and a spacious main residence now vacant and freshly updated. Ideal for an owner-occupier seeking mortgage help or an investor looking for immediate income and future rental upside. Set on a generous 50’ x 150’ lot in the desirable GRD-1 zone, just minutes from Beacon Hill Park, Dallas Road, James Bay Village and the Inner Harbour. City of Victoria confirms the last approved use as duplex and advises GRD-1 zoning permits fourplex use, subject to planning approval and applicable regulations. Buyers to verify the existing configuration, permit history and future development potential. Rare opportunity in one of Victoria's most sought-after neighbourhoods. More details
    Listed by Fair Realty
    Kamaretsos Real Estate Team
  • 1157 Princess Ave in Victoria: Vi Fernwood Quadruplex for sale : MLS®# 1049112

    1157 Princess Ave Vi Fernwood Victoria V8T 1L2
    Main Photo: 1157 Princess Ave in Victoria: Vi Fernwood Quadruplex for sale : MLS®# 1049112
    $1,399,999
    Residential
    Status:
    Active
    MLS® Num:
    1049112
    Bedrooms:
    4
    Bathrooms:
    5
    Floor Area:
    3,198 sq. ft.
    BC Assessment: $1,579,000. A rare investment opportunity in the heart of Fernwood! This well-maintained 4-unit character conversion offers a unique blend of historic charm, generous living spaces, and excellent income potential. Each of the four 1-bedroom suites features hardwood floors, spacious kitchens and impressive ceiling heights—approximately 10 feet on the main level and 9 feet upstairs. Original character details throughout add warmth and appeal, while a non-legal bachelor suite in the basement provides additional income potential. Ideally located in one of Victoria’s most desirable and vibrant neighbourhoods, just steps from transit, schools, shopping, parks and everyday amenities. With four established suites, timeless character and a prime Fernwood location, this is a compelling opportunity for investors looking to add a distinctive multi-unit property to their portfolio. More details
    Listed by eXp Realty
    Kamaretsos Real Estate Team
  • 1029 Queens Ave in Victoria: Vi Central Park Full Duplex for sale : MLS®# 1049844

    1029 Queens Ave Vi Central Park Victoria V8T 1M7
    Main Photo: 1029 Queens Ave in Victoria: Vi Central Park Full Duplex for sale : MLS®# 1049844
    $1,199,900
    Residential
    Status:
    Active
    MLS® Num:
    1049844
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    2,529 sq. ft.
    Investor and developer opportunity in Victoria’s Central Park area. This legal duplex sits on a 60 x 120 lot with a sunny, south-facing rear yard and a double garage, plus a layout that invites creative thinking. The duplex is heritage registered but not designated, opening the door to future options while keeping the character that buyers love. With the building positioned to one side, explore potential to stratify the existing home and consider a second duplex, or evaluate a missing middle style project. The main floor offers a vacant one bedroom suite with its own bath, ready for your tenant selection, and it has been rented as a two bedroom plan in the past. The upper suite features a three-bedroom layout with one bath, and is home to a long-term tenant planning to move in late fall 2026. 1920s charm meets key mechanical upgrades, with added value possible through basement development, garage accommodation potential, or full redevelopment. More details
    Listed by RE/MAX Camosun
    Kamaretsos Real Estate Team
  • 1725/1727 Ashdale Pl in Saanich: SE Lambrick Park Full Duplex for sale (Saanich East) : MLS®# 1049668

    1725/1727 Ashdale Pl SE Lambrick Park Saanich V8N 1P1
    Main Photo: 1725/1727 Ashdale Pl in Saanich: SE Lambrick Park Full Duplex for sale (Saanich East)  : MLS®# 1049668
    $1,389,000
    Residential
    Status:
    Active
    MLS® Num:
    1049668
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,277 sq. ft.
    Fantastic FULL DUPLEX in a quiet, highly desirable Gordon Head neighbourhood - an exceptional investment opportunity. This side-by-side 6 bed, 4 bath property sits on a picturesque cul-de-sac and offers spacious, well-designed layouts on both sides. Each unit features a bright main floor living room, dining, separate kitchen, and 3-piece bath with laundry. Upstairs offers three generous bedrooms, including a large primary with a sunny south-facing window and space for a king-sized bed. Both units include extra storage and beautiful south-facing patios - perfect for relaxing or entertaining. A detached garage adds even more versatility. Lots of parking. Thoughtful updates over the years including laminate flooring, vinyl windows, and roof (2016). Ideal for investors or extended families. Conveniently located near parks, schools, shopping & transit. More details
    Listed by RE/MAX Camosun
    Kamaretsos Real Estate Team
  • 117 Medana St in Victoria: Vi James Bay Quadruplex for sale : MLS®# 1049574

    117 Medana St Vi James Bay Victoria V8V 2H6
    Main Photo: 117 Medana St in Victoria: Vi James Bay Quadruplex for sale : MLS®# 1049574
    $1,899,000
    Residential
    Status:
    Active
    MLS® Num:
    1049574
    Bedrooms:
    7
    Bathrooms:
    5
    Floor Area:
    3,654 sq. ft.
    Fabulous James Bay location on Quiet Medana St. This excellent Revenue Property is on the market for the first time in 35 years. Retaining all the character you would expect in a large conversion of a gorgeous home now offering 5 very unique suites. 2 of the suites span two floors. Lot os Light and Style in all Suites. So many character features in each unit to be appreciated and making each suite a unique James Bay Style apartment to be enjoyed and appreciated by all the tenants. All suites have separate Hydro Meters and separate hot water tanks. Also a coin op laundry room. Off street parking in the back of the bldg. Close to all Amenities and just walk blocks to the Ocean or walk to the Inner Harbour and all that downtown Victoria has to offer. Absolutely Excellent Tenants in this James Bay Gem! More details
    Listed by Team 3000 Realty Ltd
    Kamaretsos Real Estate Team
  • 962 Fairfield Rd in Victoria: Vi Fairfield West Full Duplex for sale : MLS®# 1047387

    962 Fairfield Rd Vi Fairfield West Victoria V8V 3A4
    Main Photo: 962 Fairfield Rd in Victoria: Vi Fairfield West Full Duplex for sale : MLS®# 1047387
    $875,000
    Residential
    Status:
    Active
    MLS® Num:
    1047387
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    2,242 sq. ft.
    Character duplex in Fairfield West with built-in income potential — Walk Score 92, "Walker's Paradise," near Cook Street Village. Built in 1908 and thoughtfully updated, this non-strata full duplex offers two self-contained suites across 2,242 sq ft total. The main level suite (1,159 sqft) features 2 beds, 1 bath, a sunny solarium, spacious kitchen/dining, and a bright living room with in-suite laundry. Upstairs, a 1,040 sq ft suite offers 2 more beds, 1 bath, its own kitchen/living area, and a versatile top-floor flex space. Each suite has separate hydro, utilities, and laundry — true self-sufficiency for owner-occupier and tenant alike. Outside, enjoy a private fenced yard, garden beds, and a storage shed for bikes, kayaks, and gear. Live in one suite and rent the other, or hold both for investment income — flexibility with zero strata fees. Rare heritage character minutes from downtown, parks, shops, and everyday amenities. More details
    Listed by Rennie & Associates Realty Ltd.
    Kamaretsos Real Estate Team
  • 3995 Shelbourne St in Saanich: SE Lambrick Park Full Duplex for sale (Saanich East) : MLS®# 1047587

    3995 Shelbourne St SE Lambrick Park Saanich V8N 3E1
    Main Photo: 3995 Shelbourne St in Saanich: SE Lambrick Park Full Duplex for sale (Saanich East)  : MLS®# 1047587
    $1,390,000
    Residential
    Status:
    Active
    MLS® Num:
    1047587
    Bedrooms:
    9
    Bathrooms:
    6
    Floor Area:
    3,841 sq. ft.
    Own both sides of this side-by-side DUPLEX on a level, rectangle 8500sf lot. Each side of this duplex offers 4 or 5 bedrooms and 3 bathrooms. Total 4 kitchens, 4 sets of laundry, and 4 separate hydro meters. Extensive updates since the seller bought it in 2013 (electrical, plumbing, heating, kitchens and bathrooms and more). Rarely do properties like this come on the market around UVic area, and could be money in the bank! Close to UVic, and right across the new University Heights Shopping Center. A rare turn-key investment opportunity, generating $7700+ monthly with room for increases as tenants change over. More details
    Listed by Pemberton Holmes Ltd.
    Kamaretsos Real Estate Team
1-12/28
Data was last updated October 25, 2026 at 10:05 PM (UTC)
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.