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.
Address
2920 Shakespeare St
List Price
$1,700,000
Property Type
Residential
Type of Dwelling
Quadruplex
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Oaklands
Bedrooms
7
Bathrooms
4
Floor Area
3,704 Sq. Ft.
Lot Size
13035 Sq. Ft.
Lot Size (Acres)
0.3 Ac.
Year Built
1969
MLS® Number
1015751
Listing Brokerage
Royal LePage Coast Capital - Chatterton
Basement Area
Finished, Full, Walk-Out Access
Postal Code
V8R 4H4
Tax Amount
$8,461.28
Tax Year
2025
Features
Baseboard, Carpet, Dishwasher, Dryer, Electric, Laminate, Refrigerator, Tile, Washer, Wood
Amenities
Balcony/Patio, Fencing: Partial, Garden, Irregular Lot, Level, Panhandle Lot, Private, Shopping Nearby