- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1017815
- Photos (13)
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Devon Properties is pleased to present Fairview Manor - a 34-unit multi-family investment opportunity exceptionally located in the heart of Victoria’s coveted Fairfield neighbourhood. With sub-1.0% vacancy since 2023, below-market rents, and suite renovation potential, the property offers both immediate income and long-term value-add upside.
Positioned on a prominent corner lot at 505 Su’it Street, Fairview Manor is just steps from Cook Street Village, Ross Bay, and other key urban amenities. This is a rare chance to acquire a stable, well-located asset in one of Victoria’s most in-demand rental communities.
Access to the data room will be made available to qualified prospects upon execution of a Confidentiality Agreement.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale Of Shares
- Listing General Location:
- Vi Fairfield West, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.596 acre(s)0.24 hectare(s)
- Taxes:
- $54,264.98 / 2025
- Total Building Area:
- 30,166 sq. ft.2,803 m2
- Commercial Area:
- Core (excl Downtown)
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 1.0279E7
- Assessment year:
- 2025
- Jurisdiction name:
- City of Victoria
- Legal Description:
- LT A PL 19127 SEC FFLD VICTORIA
- Zoning:
- R3-AM-2
- Parking Features:
- On Site
- Total Units:
- 34
- Date Listed:
- Oct 17, 2025
- Original Price:
- 9950000.0
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Listed by Devon Properties
Data was last updated October 19, 2025 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 98
- Avg list price:
- $1,365,000
- Min list price:
- $10,000
- Max list price:
- $23,500,000
- Avg days on market:
- 88
- Min days on market:
- 1
- Max days on market:
- 465
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- JOHNNY OLARTE
- RE/MAX CAMOSUN
- 1 (250) 7443301
- Contact by Email
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.
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