1334 Johnson Street, Downtown, Victoria

1334 Johnson Street

Downtown, Victoria

4 Bedrooms
3 Bathrooms
3 Driveway Parking
2,915 sqft
$1,099,900

About this Duplex in Downtown

~Exciting new price~~Registered Heritage Triplex offering strong income and future upside. Currently generating approx. 75k/yr (5.46% cap and over 7% with market rents) 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.

Appliances Included:
F/S/W/D
Exterior Features Of 1334 Johnson, Downtown, Victoria
Fencing: Partial
Lot Features Of 1334 Johnson, Downtown, Victoria
Cleared, Level, Rectangular Lot, Sloped

Listed by Pemberton Holmes Ltd..

Read More

~Exciting new price~~Registered Heritage Triplex offering strong income and future upside. Currently generating approx. 75k/yr (5.46% cap and over 7% with market rents) 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.

Appliances Included:

F/S/W/D

Exterior Features Of 1334 Johnson, Downtown, Victoria

Fencing: Partial

Lot Features Of 1334 Johnson, Downtown, Victoria

Cleared, Level, Rectangular Lot, Sloped

Listed by Pemberton Holmes Ltd..

Victoria and Vancouver Island MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

More Details
  • MLS®: 1003546
  • Bedrooms: 4
  • Bathrooms: 3
  • Type: Duplex
  • Building: 1334 Johnson Street, Victoria
  • Square Feet: 2,915 sqft
  • Lot Size: 4,805 sqft
  • Frontage: 46.00 ft
  • Depth: 103.00 ft
  • Taxes: $5,443.14 (2024)
  • Parking: 3 Driveway
  • Fireplaces: 0
  • Year Built: 1912
  • Style: Character
  • Warranty: false

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Downtown Victoria is filled with beautiful historic landmarks such as the Parliment buildings and the Royal BC Museum as well as new hip restaureants, cafes and bars!


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