156 JOSEPH STREET, Victoria, British Columbia V8S3H5

JUST LISTED in the heart of Fairfield! This charming and versatile 1912 legal triplex beautifully blends timeless character with modern opportunity—offering exceptional flexibility for today’s lifestyle. Nestled just steps from the iconic Dallas Road waterfront, this residence sits proudly on a nearly 6,000 sq ft lot in one of Victoria’s most sought-after neighbourhoods. This three-level character home features three fully self-contained suites, each with its own private entrance and independent 100-amp electrical service. Whether you’re looking to support multi-generational living, generate strong rental income, or explore future development potential, this home offers remarkable versatility. The architectural charm is evident throughout, with coffered ceilings, classic hardwood floors, rebuilt original-style chimney, and elegant built-ins that speak to the craftsmanship of a bygone era. The top-floor suite is a bright, tree-lined retreat complete with a sunny home office and private deck—a perfect perch for morning coffee or quiet work-from-home days. The lower-level suite provides a spacious, updated 1-bedroom layout, ideal for extended family or tenants. Thoughtful upgrades have been made over the years, including a newer roof, upgraded perimeter drains, fresh exterior paint, and that rebuilt chimney to maintain structural integrity and curb appeal. A west-facing backyard adds to the appeal, offering sunshine, privacy, and room to grow. There’s bike storage, concrete parking, and even the potential to stratify or add a garden suite (buyer to verify with the City of Victoria). This is a rare chance to own a classic Fairfield property with significant income potential and lifestyle flexibility. Whether you're a savvy investor, an extended family, or someone who dreams of living steps from the ocean with options to grow—this is one to see. (id:39198)