1270 Yates St
Victoria, BC V8V3N3
$2,599,999
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Lot size
- 10,530 square feet
- Zoning
- Unknown
GRD-1(PGA)
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $16,253.15
Interior
- Heating
- Electric
- Cooling / A/C
- None
- Fireplace
- None
Listing Information
- MLS®
- 1028840
- Listed
- April 29, 2026
- Time on market
- On the market for 125 days
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.
Description
Situated in a vibrant, character-rich neighbourhood, this distinguished heritage property offers a rare investment opportunity combining timeless architecture with strong income potential. The stately exterior showcases ornate woodwork, expansive windows, grand columns, and a welcoming wrap-around veranda, creating exceptional curb appeal and a lasting first impression. Inside, the property has been legally configured into ten unique rental suites. Units feature impressive ceiling heights along with restored hardwood flooring, classic moldings, and charming fireplaces. These elements create an elevated living experience that continues to attract quality tenants seeking both character and comfort. The property delivers strong, reliable performance, generating approximately $18,000 per month in rental income. Ideally located with a walk score of 73 and transit at your doorstep! (id:63159)
Location Insights
Weather
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
37
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
| School | Type | Distance |
|---|---|---|
| Central Middle School | Elementary | 164 m |
| Victoria High | Elementary | 551 m |
| George Jay Elementary | Elementary | 989 m |
| Christ Church Cathedral School(Independent) | Elementary/Middle | 1.0 km |
| Victor School | K-12 | 1.0 km |
| Sir James Douglas Elementary | Elementary | 1.0 km |
| Glenlyon Norfolk School(Independent) | K-12 | 1.3 km |
| Sundance-Bank Elementary | Elementary | 1.3 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+)
- Tartan Toque · 1507 Pandora Avenue494 m
- Standard Pizza602 m
- Sun Wah618 m
- Stage · 1307 Gladstone Avenue622 m
- The Breakfast Shop · 1025 Cook Street635 m
Cafes (5+)
- Shine Cafe · 1548 Fort Street534 m
- Fika · 1329 Cook Street559 m
- Little June · 1301 Gladstone Avenue622 m
- Routine Coffee & Supply · 1036 Fort Street716 m
- Fern Cafe and Bakery · 1-1115 North Park Street720 m
Grocery (2)
- Fernwood General Store · 1308 Gladstone Avenue649 m
- Save-On-Foods · 1010 Pandora Avenue789 m
Parks (5+)
- Joan Crescent Green · 1059 Craigdarroch Road186 m
- Johnson Street Green213 m
- Harris Green506 m
- Stadacona Park · 1490 Pandora Avenue543 m
- Haegert Park · 1202 Yukon Street545 m
Gyms (1)
- Victoria Fitness · 1029 View Street754 m
Pharmacies (3)
- Rexall516 m
- Cridge Pharmacy564 m
- Victoria Compounding Pharmacy · 1089 Fort Street673 m
Banks & ATMs (1)
- Localcoin Bitcoin ATM635 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
1.1 km away
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($520,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.