Four-unit rental property in desirable James Bay. Each suite is separately metered and generous in size, with deck space and access to a shared yard. The property was extensively updated in the ’80s and received further updates in 2024. Clean and tidy, with storage lockers, bike storage, and coin-operated laundry. The property is a legal non-conforming triplex (R-2 zoned; confirm with the City of Victoria if important), with a fourth unauthorized basement suite. There are four great tenants who would like to stay, offering continuity for a new owner. The easy-to-maintain backyard features garden beds ready for some love. Minutes from downtown, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by. Measurments approx, confirm if important. A truly rare turnkey opportunity!
For sale
C$1,700,000
331 Niagara St, Victoria, BC V8V 1G7
6beds
4baths
4,682sqft
Triplex, Multi Family
Built in 1911
-- sqft lot
$-- Zestimate®
C$363/sqft
C$-- HOA
What's special
Generous in sizeDeck spaceStorage lockersCoin-operated laundryEasy-to-maintain backyardGarden beds
- 11 hours
- 11
- 0
Zillow last checked:
Listing updated:
Listed by:
Travis Heemskerk,
RE/MAX Camosun,
Matthew Benedict,
RE/MAX Camosun
Source: VIVA,MLS®#: 1053381
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 2
Kitchen
- Level: Main,Lower,Second
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Flooring: Mixed
- Windows: Vinyl Frames
- Basement: Finished,Full,Walk-Out Access,With Windows
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 4,759
- Total interior livable area: 4,682 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Entry location: Main Level
- Patio & porch: Balcony/Deck
- Exterior features: Garden
- Fencing: Partial
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 005949947
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Frame Wood, Stucco, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Fibreglass Shingle
Condition
- Resale
- New construction: No
- Year built: 1911
Utilities & green energy
- Water: Municipal
Community & HOA
Location
- Region: Victoria
Financial & listing details
- Price per square foot: C$363/sqft
- Tax assessed value: C$1,391,000
- Annual tax amount: C$7,904
- Date on market: 10/30/2026
- Ownership: Freehold
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2026 | Listed for sale | C$1,700,000C$363/sqft |
Source: VIVA #1053381 Report a problem | ||
Public tax history
Tax history is unavailable.






