Log In/Sign Up
Your email has been sent.
1527 Fort St 17 Unit Apartment Building $4,652,845 USD ($273,697 USD/Unit) Victoria, BC V8S 1Z7
INVESTMENT HIGHLIGHTS
- Fully renovated, condo-quality apartment building in Rockland.
- Strong 4.5% cap rate with upside on eight units.
- Prime location near Oak Bay Junction and Downtown Victoria.
- 17 suites with luxury finishes and quartz countertops.
- Recent upgrades include roof, elevator, and boiler.
- Steps from Stadacona Centre and Oak Bay Junction; close to Downtown Victoria, Oak Bay, and Royal Jubilee Hospital.
EXECUTIVE SUMMARY
Hilltop House at 1527 Fort Street presents a rare opportunity to acquire a fully renovated, 17-suite apartment building in Victoria’s prestigious Rockland neighborhood. This turnkey asset combines timeless architecture with modern upgrades, offering investors peace of mind with no deferred capital expenditures. Each suite boasts condo-quality finishes, including quartz countertops and premium appliances, ensuring strong tenant appeal and retention. Recent improvements—such as a new torch-on roof, upgraded elevator cab, and tankless hot water system—underscore the property’s exceptional condition.
Strategically positioned steps from Oak Bay Junction, Hilltop House provides residents with unmatched access to boutique shops, cafes, and essential services, while Downtown Victoria and Oak Bay are just minutes away. The property benefits from excellent transit connectivity and proximity to Royal Jubilee Hospital, reinforcing its desirability among professionals and long-term renters. With a strong going-in yield of 4.5% and eight suites offering rental growth potential, this investment promises both stability and upside in one of Victoria’s most sought-after rental markets.
Strategically positioned steps from Oak Bay Junction, Hilltop House provides residents with unmatched access to boutique shops, cafes, and essential services, while Downtown Victoria and Oak Bay are just minutes away. The property benefits from excellent transit connectivity and proximity to Royal Jubilee Hospital, reinforcing its desirability among professionals and long-term renters. With a strong going-in yield of 4.5% and eight suites offering rental growth potential, this investment promises both stability and upside in one of Victoria’s most sought-after rental markets.
PROPERTY FACTS
| Price | $4,652,845 USD | Building Class | C |
| Price Per Unit | $273,697 USD | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 9,332 SF |
| No. Units | 17 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1.5/1,000 SF |
| Apartment Style | Mid-Rise | Cross Streets | Belmont Ave. |
| Zoning | R3-AM-2 - Mid-Rise Urban Residential | ||
| Price | $4,652,845 USD |
| Price Per Unit | $273,697 USD |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 9,332 SF |
| No. Stories | 4 |
| Year Built | 1968 |
| Parking Ratio | 1.5/1,000 SF |
| Cross Streets | Belmont Ave. |
| Zoning | R3-AM-2 - Mid-Rise Urban Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Den
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
| 2+1 | 3 | - | - |
1 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (84)
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1527 Fort St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.