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
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Zillow last checked:
Listing updated:
Listed by:
Ann Watley Personal Real Estate Corporation,
Pemberton Holmes Ltd.
Source: VIVA,MLS®#: 1039448
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1
Kitchen
Level: Main,Lower
Heating
Baseboard, Electric, Heat Pump
Cooling
Air Conditioning
Appliances
Laundry: In Unit
Features
Flooring: Carpet, Tile
Basement: Finished
Number of fireplaces: 1
Fireplace features: Gas, Living Room, Propane
Interior area
Total structure area: 1,958
Total interior livable area: 1,715 sqft
Property
Parking
Total spaces: 1
Parking features: On Street
Has uncovered spaces: Yes
Features
Levels: 3
Entry location: Main Level
Patio & porch: Balcony/Patio
Fencing: Full
Has view: Yes
View description: City
Lot
Size: 1,742 Square Feet
Features: Rectangular Lot
Details
Parcel number: 024473651
Zoning description: Residential
Other equipment: Propane Tank Leased
Construction
Type & style
Home type: SingleFamily
Architectural style: Character
Property subtype: Half Duplex
Attached to another structure: Yes
Materials
Frame Wood, Vinyl Siding, Wood Siding
Foundation: Concrete Perimeter
Roof: Fibreglass Shingle
Condition
Resale
New construction: No
Year built: 1943
Utilities & green energy
Water: Municipal
Community & HOA
HOA
Amenities included: Private Drive/Road
Location
Region: Victoria
Financial & listing details
Price per square foot: C$513/sqft
Tax assessed value: C$817,000
Annual tax amount: C$4,443
Date on market: 6/15/2026
Listing terms: Purchaser To Finance
Ownership: Freehold/Strata
Ann Watley Personal Real Estate Corporation
Ann Watley Personal Real Estate Corporation
(250) 661-7143
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