Overview
1750 Chambers Street is a well-maintained three-storey 12-suite apartment property located in Victoria’s vibrant, community-oriented Fernwood neighbourhood.
Built in 1972 on a 10,967 SF lot, the building features a suite mix comprised entirely of one-bedrooms. Additional highlights include tenant and bicycle storage areas, shared laundry facilities with one washer / dryer set, and surface parking for approximately 11 vehicles.
The property is designated Mixed Residential in the City of Victoria Official Community Plan (OCP), which allows redevelopment of low- to medium-density housing at approximately 1.6:1 FSR and up to five storeys.
Upgrades
- New Rinnai Demand Duo hot water tank (2024)
- New fridges in 3 units (2022/2023)
- New stove in 1 unit (2024)
- New washer & dryer (2022)
- Electrical upgrades throughout building (2022)
- 11 surface parking stalls
Location
Nestled on the south side of Chambers Street between Bay and Grant Streets in Victoria’s desirable Fernwood neighbourhood, the subject property delivers exceptional connectivity via key arterial routes including Cook Street, Blanshard Street, and Pandora Avenue. It’s mere steps from Save-On-Foods, alongside a vibrant array of cafés, restaurants, and everyday retail conveniences.
Just minutes from Downtown Victoria, the property is close to Hillside Shopping Centre, the Royal Jubilee Hospital, and other key destinations, with easy access to Quadra Street, Bay Street, and Blanshard Street for travel throughout Greater Victoria.
Public transit is readily available, with nearby bus routes providing direct service to downtown and the University of Victoria. Local schools and recreational amenities such as Victoria High School, George Jay Elementary, and Stadacona Park are all within a short walk or drive.
Suite mix
No. units | Average size | Average rent | |
---|---|---|---|
1 bedroom | Average rent$1,123 |
Financials
Financing | Treat as clear title. | |
---|---|---|
Assessment 2025 | Land Building Total | Land$1,158,000 Building$2,135,000 Total$3,293,000 |
Taxes 2025 | $17,199 | |
Income and expenses | Gross income Vacancy Effective gross Operating expenses Net operating income | Gross income$161,737 Vacancy(2,588) Effective gross$159,149 Operating expenses(74,689) Net operating income$84,460 |
Notes | Please contact listing agent for more information. |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Megan Johal
Personal Real Estate Corporation
megan@goodmanreport.com
(604) 537 8082
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Ian Brackett
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
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Contact
Megan Johal
Personal Real Estate Corporation
megan@goodmanreport.com
(604) 537 8082
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Ian Brackett
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
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