+1 (778) 215-0445 scarlettbarber@remax.net

1228 Pembroke St Victoria, British Columbia V8T 1J8

5 Bedroom 2 Bathroom 1,715 sqft
Character Fireplace Air Conditioned Baseboard Heaters, Heat Pump

$879,000

An outstanding investment opportunity in the heart of Fernwood, this beautifully maintained & thoughtfully updated half duplex combines strong revenue, excellent long-term tenants & a highly desirable location. Situated directly across from a picturesque neighbourhood park & surrounded by the character that makes Fernwood one of Victoria's most sought-after communities, this property offers flexibility, functionality & reliable income. Designed with independent living in mind, the home features two self-contained suites, allowing both upper & lower occupants to enjoy privacy & comfort. The property has been extensively upgraded & carefully maintained, creating a truly turnkey opportunity for investors or families seeking a multigenerational living solution. Recent improvements include efficient heat pump, enhanced soundproofing between the suites, a Rheem Marathon hot water tank & a newer roof, providing peace of mind while improving comfort for both occupants. A standout feature is the thoughtfully designed common storage area with two separate locking storage lockers—one for each suite. This secure indoor space is ideal for bicycles, paddleboards, seasonal gear, tools & equipment that support an active West Coast lifestyle. The property currently generates close to $6,000 per month in rental income with excellent long-term tenants already in place. The strong revenue stream & quality tenant profile make the property an attractive addition to any portfolio. Directly across the street, the neighbourhood park provides a beautiful green outlook, while the charming little free library adds to the welcoming community atmosphere. Whether you're looking for a fully updated revenue property, a mortgage helper arrangement, or a flexible multigenerational living option, this exceptional duplex offers a rare combination of location, condition, and income potential. Proudly Presented By Ann Watley Personal Real Estate Corporation, Pemberton Holmes Real Estate (id:63400)

Property Details

MLS® Number 1039448
Property Type Single Family
Neigbourhood Fernwood
Community Features Pets Not Allowed, Family Oriented
Features Rectangular
Parking Space Total 1
Plan Vis4776
View Type City View

Building

Bathroom Total 2
Bedrooms Total 5
Architectural Style Character
Constructed Date 1943
Cooling Type Air Conditioned
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Size Interior 1,715 Sqft
Type Duplex

Parking

Street

Land

Acreage No
Size Irregular 1570
Size Total 1570 Sqft
Size Total Text 1570 Sqft
Zoning Type Residential

Rooms

Level Type Dimensions
Second Level Bedroom 9 ft x 12 ft
Second Level Bedroom 13 ft x 10 ft
Lower Level Bathroom 3-Piece
Lower Level Other 4 ft x 7 ft
Lower Level Storage 12 ft x 5 ft
Lower Level Storage 12 ft x 5 ft
Lower Level Storage 11 ft x 11 ft
Lower Level Bedroom 9 ft x 11 ft
Lower Level Bedroom 10 ft x 10 ft
Lower Level Living Room 15 ft x 8 ft
Lower Level Kitchen 9 ft x 9 ft
Lower Level Entrance 4 ft x 7 ft
Main Level Porch 13 ft x 6 ft
Main Level Living Room 12 ft x 13 ft
Main Level Primary Bedroom 9 ft x 12 ft
Main Level Bathroom 3-Piece
Main Level Kitchen 10 ft x 11 ft
Main Level Dining Room 10 ft x 7 ft
Main Level Entrance 3 ft x 6 ft

https://www.realtor.ca/real-estate/29906263/1228-pembroke-st-victoria-fernwood

Ann Watley
Personal Real Estate Corporation

(250) 661-7143
www.annwatley.com/
www.facebook.com/AnnWatleyPersonalRealEstateCorporation/
ca.linkedin.com/in/annwatley

Pemberton Holmes Ltd.
150-805 Cloverdale Ave
Victoria, British Columbia V8X 2S9

(250) 384-8124
(800) 665-5303
(250) 380-6355
www.pembertonholmes.com/

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