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Victoria Houses For Sale
331 Niagara St
Vi James Bay
Victoria
V8V 1G7
$1,700,000
Residential
beds: 6
baths: 4.0
4,682 sq. ft.
built: 1911
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1053381
- Bedrooms:
- 6
- Bathrooms:
- 4
- Year Built:
- 1911
- Photos (37)
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Four-unit rental property in desirable James Bay. Each suite is separately metered and generous in size, with deck space and access to a shared yard. The property was extensively updated in the ’80s and received further updates in 2024. Clean and tidy, with storage lockers, bike storage, and coin-operated laundry. The property is a legal non-conforming triplex (R-2 zoned; confirm with the City of Victoria if important), with a fourth unauthorized basement suite. There are four great tenants who would like to stay, offering continuity for a new owner. The easy-to-maintain backyard features garden beds ready for some love. Minutes from downtown, the Inner Harbour, Beacon Hill Park, and the Dallas Road waterfront, with shops, cafés, and everyday amenities close by. Measurments approx, confirm if important.
A truly rare turnkey opportunity!
- Property Type:
- Residential
- Type:
- Triplex
- Year built:
- 1911 (Age: 115)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 4,682 sq. ft.435 m2
- Listing General Location:
- Vi James Bay, Victoria
- Bedrooms:
- 6
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Size:
- 4,922 sq. ft.457 m2
- Kitchens:
- 4
- Taxes:
- Signup
- Building Features:
- Bike Storage, Transit Nearby
- Construction:
- Frame Wood, Stucco, Wood
- New Construction:
- No
- Basement:
- Finished, Full, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Fibreglass Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 4,759 sq. ft.442 m2
- Total Unfinished Area:
- 77 sq. ft.7.15 m2
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 7
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 1
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,777 sq. ft.165 m2
- Living Area Main Floor:
- 1,654 sq. ft.154 m2
- Living Area Other Floor:
- 0 sq. ft.0 m2
- Living Area 2nd Floor:
- 1,328 sq. ft.123 m2
- Living Area 3rd Floor:
- 0 sq. ft.0 m2
- Fireplaces:
- 1
- Fireplace Details:
- Gas
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- Yes
- Pending Date:
- Signup
- Vinyl Frames
- Balcony/Deck, Fencing: Partial, Garden
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 4
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- North
- Layout:
- Other
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway
- Total Parking Spaces:
- 3
- Total Units:
- Signup
- Date Listed:
- Oct 29, 2026
- Original Price:
- 1700000.0
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ariel view front
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Photo 2 of 37
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ariel view back
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Photo 4 of 37
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units 1-3 entrance
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unit 1
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unit 1
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unit 1
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unit 1
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unit 1
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unit 1 deck entry
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unit 1 deck
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unit 1
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unit 1
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unit 1
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unit 1
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unit 3
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unit 3
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unit 3
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unit 3
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unit 3
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unit 3
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primary unit 3
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primary unit 3
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second bedroom unit 3
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second bedroom unit 3
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private balcony unit 3 (off living room)
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unit 4 basment
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unit 4 basment
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unit 4 basment
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unit 4 basment
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unit 4 basment
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unit 4 basment (second bedroom)
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unit 4 basment
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unit 4 basment
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Photo 36 of 37
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front
Larger map options:
Listed by RE/MAX Camosun
Data was last updated October 31, 2026 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 83
- Avg list price:
- $879,000
- Min list price:
- $139,000
- Max list price:
- $3,200,000
- Avg days on market:
- 59
- Min days on market:
- 1
- Max days on market:
- 738
- Avg price per sq.ft.:
- $664.67
These statistics are generated based on the current listing's property type
and located in
Vi James Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Darren Day
- Day Team Realty Ltd
- 1 (250) 686-9222
- darren@dayteam.com
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.





