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

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

Room Dimensions

Main

Bathroom 3-Piece
Storage 8'10"x2'10"
Kitchen 14'8"x9'1"
Bedroom 11'6"x11'4"
Living Room 17'5"x13'11"
Living Room 17'3"x14'0"
Bathroom 4-Piece
Kitchen 19'5"x5'10"
Dining Room 11'5"x7'7"
Bedroom 14'8"x11'7"

Second

Bedroom 10'7"x12'8"
Walk-in Closet 8'7"X6'11"
Bedroom 16'3"X10'6"
Walk-in Closet 7'3"X6'10"

Lower

Bedroom 14'11"X9'2"

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 Roberts - Royal LePage Coast Capital - Chatterton
Phone: 250-900-3087

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.