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7 Bed Quadruplex in Victoria

$1,580,000

2920 Shakespeare St
MLS® NO: 1031665

Description

Nestled in a quiet pocket of Oaklands just two blocks from Hillside Mall, this meticulously maintained LEGAL 4-plex is a rare opportunity to secure a strong, income-producing investment. Originally built in the 1920s, the home was moved to its current location and converted to a 4-plex with permits in 1989. Set on a private 13,000+ sq ft panhandle lot, the property offers three bright 2-bedroom suites and one spacious 1-bedroom + den, each with separate entrances, individual meters, hot water tanks, and outdoor space. Character details include 10-foot ceilings and loft-style bedrooms in the upper units, while the garden suites provide generous layouts filled with natural light. Practical features include 300-amp service, common laundry, updated windows, and a double garage (one side converted to storage). With direct transit to UVIC, Camosun, and downtown, this property offers both immediate rental income and excellent long-term holding value. This property is fully tenanted with a showing schedule, and a minimum of 24 hours is required for viewings.

General

Property Type:Quadruplex
Title of Ownership:LOT 2, PLAN VIP22497, SECTION 29/30, VICTORIA LAND DISTRICT
Layout:Other
Taxes:$8,461
Tax Year:2025
Finished Sq. Ft.:3,704
Unfinished Sq. Ft.:242
Year Built:1969

Display Full Description

Interior Details

Bedroom(s): 7
Bathroom(s): 4
Basement Type: Finished, Full, Walk-Out Access
Basement Description: 1
Appliances Included: Dishwasher, Dryer, Refrigerator, Washer

Building Details

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

Site Influences

Lot SqFt: 13,035
Acres: 0.30
Water: Municipal
Waste: Sewer Connected
Zoning: R1-B
Parking: Detached, Driveway, Garage Double
Lot Features: Irregular Lot, Level, Panhandle Lot, Private, Shopping Nearby

Strata Lot Information

Rental Restrictions: Unrestricted

Room Dimensions

Lower Level

Bathroom4-Piece
Bathroom4-Piece
Bedroom14'11"X9'2"
Bedroom9'2"X8'9"
Bedroom14'8"X11'8"
Dining/Living Combo15'5"X11'9"
Dining/Living Combo13'9"X12'11"
Kitchen11'1"X8'9"
Kitchen13'9"X5'1"
Laundry11'7"X8'8"
Storage10'9"X5'7"

Main Level

Bathroom3-Piece
Bathroom4-Piece
Bedroom11'6"x11'4"
Bedroom14'8"x11'7"
Dining Room11'5"x7'7"
Kitchen14'8"x9'1"
Kitchen19'5"x5'10"
Living Room17'5"x13'11"
Living Room17'3"x14'0"
Storage8'10"x2'10"

Second Level

Bedroom10'7"x12'8"
Bedroom16'3"X10'6"
Walk-in Closet8'7"X6'11"
Walk-in Closet7'3"X6'10"

Unfinished

Storage7'8"X3'9"
Utility Room11'4"X8'0"

Property Details

Beds: 7
Baths: 4
Sq. Feet: 3,704
Year Built: 1969
Property Type: Quadruplex
Municipality: Victoria

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Listed with:

Laura RobertsRoyal LePage Coast Capital - Chatterton
Phone: 250-900-3087

Saira ReynoldsRoyal LePage Coast Capital - Chatterton
Phone: 778-400-4696