- Active
121/123 South Turner Street
Victoria · Single Family
- Beds
- 7
- Baths
- 5
- Sqft
- 4,255
- Built
- 1901
Listed by Royal LePage Coast Capital - Chatterton · MLS® 1043876
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Sign inAbout this home
Blending old world charm with contemporary upgrades, this legal triplex with garden suite/cottage is sure to please the most discerning of Buyers and Investors. A functional layout can be enjoyed in the main quarters, which has 4 beds and 2 baths. It also boasts wood floors, several skylights, gas FP, built in dining bench, laundry room, built in speakers, huge master bed with ensuite and sunny rooftop deck. Privately separated on the entry level are two 1bed/1bath suites that also exude high level finishings and earn healthy revenues. Peace and quiet is retained by extra sound proofing between floors. Complimenting the private, gorgeously landscaped back yard is the garden suite that is bright and airy. Luxury continues here with cherry floors, vaulted ceilings, and 4P bathroom with soaker tub.1bed Suites are separately metered and have a central laundry area. Planted in the middle of James Bay Village, Beacon Hill Park and Dallas Rd Waterfront, this is THE perfect investment.
Home facts
- Bedrooms
- 7
- Bathrooms
- 5 full
- Interior
- 4,255 sq ft
- Lot size
- 5,663 sq ft
- Year built
- 1901
- Parking
- 4
- Property type
- Single Family
- Fireplace
- 1
- Area
- James Bay
- Style
- Character
- Listed
- August 6, 2026
- Structure
- Fourplex
- PID
- 003-812-383
- Common interest
- Freehold
Highlights
- Mountain view
- Waterfront
- City view
- Rooftop deck
- High ceilings
Features and inclusions
- Appliances
- Washer, Refrigerator, Dishwasher, Range, Dryer
- Heating
- Baseboard heaters, Electric, Natural gas
- Cooling
- None
- Lot
- Central location, Level lot, Private setting, Other, Rectangular, Marine Oriented
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $10,847
- Property tax
- $667/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $11,664
Purchase snapshot
- List price
- $2,288,500
- Down payment
- $457,700 (20%)
- Estimated mortgage
- $1,830,800
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $12,944
- At 5.6559 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,944 a month
- Gross yield
- 1.0%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Victoria
Ten year average, 2016–2025.
- Average temperature
- 10.5°C
- Daily mean across the year.
- Yearly precipitation
- 863 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 2,109 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
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Who lives here
Documents
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