Property Type: Detached HouseOwnership: Freehold

121/123 South Turner St

Victoria, BC V8V2J9

$2,288,500

7 bed5 bath4 parking4,255 sqftBuilt 1901
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Property Details

Property & Lot

Sub-type
House
Lot size
5,663 square feet
Zoning
Residential

GRD-1 (PGA)

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,051.2

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Range, Dryer

Exterior & Lot

View
City view, Mountain view
Lot features
Central location, Level lot, Private setting, Other, Rectangular, Marine Oriented

Building

Parcel ID (PID)
003-812-383

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomOther4-Piece
BathroomOther4-Piece
BathroomOther4-Piece
BathroomMain level2-Piece
BathroomMain level4-Piece
Laundry roomThird level12' x 6'
Laundry roomSecond level12' x 6'
Laundry roomMain level12' x 6'
Laundry roomLower level5' x 7'
BedroomLower level12' x 12'
BedroomLower level10' x 12'
BedroomLower level12' x 13'
Primary BedroomThird level12' x 18'
Primary BedroomSecond level8' x 8'
Primary BedroomMain level11' x 11'
Primary BedroomLower level12' x 28'
KitchenThird level9' x 11'
KitchenSecond level5' x 11'
KitchenMain level8' x 11'
KitchenLower level8' x 12'
Dining roomSecond level12' x 12'
StorageLower level6' x 11'
Dining roomLower level11' x 11'
Living roomThird level11' x 19'
Living roomSecond level13' x 16'
Living roomMain level13' x 14'
Living roomLower level13' x 14'
PorchLower level5' x 17'
EntranceLower level4' x 6'

Listing Information

MLS®
1043876
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 30, 2026

Listing provided by: Royal LePage Coast Capital - Chatterton · Data source: CREA DDF.

Description

Blending old world charm with contemporary upgrades, this legal triplex with garden suite/cottage is sure to please the most discerning of Buyers and Investors. A functional layout can be enjoyed in the main quarters, which has 4 beds and 2 baths. It also boasts wood floors, several skylights, gas FP, built in dining bench, laundry room, built in speakers, huge master bed with ensuite and sunny rooftop deck. Privately separated on the entry level are two 1bed/1bath suites that also exude high level finishings and earn healthy revenues. Peace and quiet is retained by extra sound proofing between floors. Complimenting the private, gorgeously landscaped back yard is the garden suite that is bright and airy. Luxury continues here with cherry floors, vaulted ceilings, and 4P bathroom with soaker tub.1bed Suites are separately metered and have a central laundry area. Planted in the middle of James Bay Village, Beacon Hill Park and Dallas Rd Waterfront, this is THE perfect investment. (id:63159)

Values & Trends

This listing

$538/sqft

Building average

No other active listings in this building

James Bay average

$731/sqft

6 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
South Park Family SchoolElementary689 m
James Bay CommunityElementary714 m
Pacific School of Innovation and Inquiry(Independent)Secondary1.2 km
Christ Church Cathedral School(Independent)Elementary/Middle1.4 km
Sir James Douglas ElementaryElementary1.8 km
Central Middle SchoolElementary2.2 km
Victoria HighElementary2.6 km
Victoria West ElementaryElementary2.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Beacon Drive In · 126 Douglas Street300 m
  • Real Thai Restaurant · 211 Menzies Street316 m
  • Levantine356 m
  • The Coriander Indian · 230 Menzies Street374 m
  • Heron Rock Bistro392 m

Cafes (5+)

  • Piggy & Paisley · 143 Menzies Street282 m
  • Colonial Cafe345 m
  • James Bay Coffee House · 425 Simcoe Street370 m
  • Discovery Coffee · 277 Menzies Street424 m
  • Good Earth Coffeehouse · 535 Superior Street531 m

Grocery (2)

  • Thrifty Foods James Bay · 475 Simcoe Street325 m
  • Red Barn Market · 325 Menzies Street476 m

Parks (5+)

  • Holland Point Park · 645 Dallas Road320 m
  • Avalon Green · 601 Avalon Road349 m
  • Lewis Park · 32 Lewis Street407 m
  • Irving Park451 m
  • South Park585 m

Gyms (1)

  • Fitness Center · 525 Superior Street548 m

Pharmacies (1)

  • James Bay Pharmasave · 230 Menzies Street348 m

Banks & ATMs (1)

  • Unnamed · 475 Simcoe Street336 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($457,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,830,800.00
Periodic payment — Principal & Interest (monthly)$11,811.70
Additional monthly expenses (strata, tax, utilities, etc.)$1,133.93
Total monthly cost$12,945.63
Interest paid over 5-yr term$524,712.54
Balance at end of term$1,646,810.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$457,700
Stress test qualifying rate8.09%
Payment you must qualify for$14,078.21

Cash Needed at Closing

Minimum down payment$457,700
Estimated BC PTT$46,655
Legal / closing costs (typical estimate)$1,500
Total cash needed$505,855

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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