- Active
2329 Dowler Place
Victoria · Multi-family
Listed by eXp Realty · MLS® 1040776
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Sign inAbout this home
Welcome to 2329 Dowler Place, a rare offering in the heart of Victoria featuring 6 self-contained suites with a total finished area of 4,422 sq. ft. Situated on a well-maintained property, this multi-family building combines strong rental income potential with a highly desirable location close to parks, shopping, transit, and downtown amenities. The main floor offers two units, including a bright 3-bedroom residence with generous living spaces, dining area, and private deck. The upper level features three additional self-contained bachelor suites, each thoughtfully designed with open-concept layouts. The lower level offers a large 3-bedroom suite with its own kitchen, living room, and laundry, ensuring comfortable long-term tenancy. Plus a separate detached 1-bedroom suite. With 6 individual units ranging from 1 to 3 bedrooms, this property provides flexibility for a diverse tenant mix. The building offers ample natural light, efficient layouts, and multiple outdoor areas, including decks and an enclosed balcony. Updated systems and well-planned common areas add to the appeal. Whether you’re an investor seeking steady cash flow, a buyer looking for multi-generational living options, or someone wanting to add a prime property to their portfolio, this property delivers exceptional value in one of Victoria’s most accessible neighborhoods.
Home facts
- Lot size
- 7,050 sq ft
- Parking
- 2
- Property type
- Multi-family
- Area
- Central Park
- Listed
- June 19, 2026
- Structure
- Multi-Family
- PID
- 008-419-060
- Common interest
- Freehold
Highlights
- City view
- Balcony
Features and inclusions
- Heating
- Baseboard heaters, Other
- Cooling
- None
- Lot
- Central location, Curb & gutter, Other
Rooms and building
- Water
- Zoning
- Unknown
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
- $7,109
- Property tax
- $433/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $7,692
Purchase snapshot
- List price
- $1,499,900
- Down payment
- $299,980 (20%)
- Estimated mortgage
- $1,199,920
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
- $8,483
- 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
- $1,200 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)
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