421 Vancouver St

421 Vancouver St · Victoria, Fairfield · Multi-Family · $3,495,000 · MLS 1029992

Victoria, British Columbia · Neighbourhood: Fairfield
C$3,495,000
For sale
421 Vancouver St

421 Vancouver St is located in Victoria (Fairfield). Property snapshot: Multi-Family, listed at $3,495,000, MLS 1029992. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 86. Latest recorded list price 3495000.00.

List Price: $3,495,000
MLS: 1029992
Days on Site: 86
Price History: Latest recorded list price 3495000.00

Local Decision Guide

How should buyers evaluate 421 Vancouver St?

Start by reading this listing in its Victoria Fairfield context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 421 Vancouver St?

This page shows a list price of $3,495,000 with MLS 1029992.

What type of home is this Victoria, Fairfield listing?

The page shows Multi-Family at 421 Vancouver St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 86 days on market/site. Latest recorded list price 3495000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST. Steps to BEACON HILL PARK, COOK STREET VILLAGE & the ICONIC DALLAS ROAD WATERFRONT. This 12 UNIT CHARACTER APARTMENT BUILDING has been meticulously maintained, extensively renovated & consistently updated by the owners over the past 2 decades, making this one of the finest turn-key buildings in the city! This opportunity has the core components Investors are looking for when purchasing this type of asset. Excellent Return On Investment, 5.59% CAP with current Market Rents, Income Stability, Low Vacancy Risk, Location & Market Demand, Building Condition, Operational Efficiency and Long Term Appreciation. GRD-1 Apartment Zone. 8 One-Bedroom, 1 One-Bedroom & Loft & 3 Bachelor Units all separately metered with their own Heat & Hot Water, 11 Suites have In-Unit Laundry & Tenants enjoy shared Lawn & Garden Area plus individual storage lockers & bike storage. (id:56153)

Property Details

Multi-Family
Building Type
-
Bedrooms
-
Bathrooms
1912
Year Built
114 years
Age
86
Days on Site

Transaction: For sale

Status: active

Listing ID: 29575193 (1029992)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$3,495,000

PID: 009-325-735

Days on Site: 86 days

Added to Relistico: 2026-04-08

Updated on: 2026-04-08 04:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
The Root Cellar Village Green Grocer
About 342.6 m away
271 Cook Street
Market on Yates
About 978.8 m away
903 Yates Street
Shopping Centres
Food Truck Festival
About 689.1 m away
Moss Street Farmers Market
About 816.6 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 08 Apr 2026 03:38:42 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: DFH Real Estate Ltd.

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