Wow! This legal four-plex in Greater Victoria is already re-zoned for a 17-unit multifamily development, but priced like an older house in East Vancouver. In the meantime, it offers steady rental income while you plan your next move. Each of the four two-bedroom, one-bath suites is self-contained, with its own outside entrance for easy access. Alternatively, you could live in one unit and rent out the other three to help cover carrying costs. It’s a solid holding property for investors or builders with future development in mind. Hold it, collect income, and move forward when the timing is right. The location is exceptional, close to Greater Victoria’s third-largest employer, CFB Esquimalt, and just a few blocks from the new Esquimalt Town Square and Village Project with ample amenities.
Data was last updated January 18, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$899,900
Min list price:
$370,000
Max list price:
$4,999,980
Avg days on market:
53
Min days on market:
9
Max days on market:
177
Avg price per sq.ft.:
$566.07
These statistics are generated based on the current listing's property type
and located in
Es Esquimalt. Average values are
derived using median calculations. This data is not produced by the MLS® system.