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6 Bed Quadruplex in Victoria

$1,875,000

737 Vancouver St
MLS® NO: 1050447

Description

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%

General

Property Type:Quadruplex
Title of Ownership:LOT C, PLAN VIP2552, VICTORIA LAND DISTRICT, OF LOTS 1132/1135/1148 & 1149
Layout:Main Level Entry with Lower/Upper Lvl(s)
Taxes:$10,891
Tax Year:2026
Finished Sq. Ft.:3,051
Unfinished Sq. Ft.:503
Year Built:1892

Building Details

Foundation: Poured Concrete
Roof: Asphalt Shingle
Heat/Air: Baseboard, Electric

Site Influences

Lot SqFt: 4,524
Acres: 0.10
Lot Shape: 52 ft wide x 87 ft deep
Water: Municipal, To Lot
Waste: Sewer To Lot
Parking: Driveway, Garage, On Street
Lot Features: Central Location, Rectangular Lot, Shopping Nearby

Room Dimensions

Level 1 - 1,274 sqft

Entrance:17x7
Dining/Living Combo:17x15
Kitchen:10x8
Bedroom:13x10
Bathroom:4-Piece piece
Dining/Living Combo:15x13
Kitchen:8x7
Bathroom:4-Piece piece
Bedroom:10x8
Bedroom:11x7

Level 2 - 644 sqft

Bedroom:13x12
Kitchen:10x10
Bathroom:4-Piece piece
Living Room:15x10

Level 3 - 0 sqft

Level 4 - 1,133 sqft

Other - 0 sqft

Property Details

Beds: 6
Baths: 5
Sq. Feet: 3,051
Year Built: 1892
Property Type: Quadruplex
Municipality: Victoria

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Listed with:

Brett Cooper - Engel & Volkers Vancouver Island
Phone: 250-858-6524

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.