205 WILSON STREET, Victoria, British Columbia V9A3G1

This 1910 character home, legally converted to a triplex in 1982, offers an exceptional chance for savvy first-time buyers or investors. Live in one suite and let the others help pay the mortgage, or explore the possibility of converting it back to a spacious single-family home. Taken back to the studs during the conversion, this property has seen thoughtful upgrades over the years: re-drywalled interiors, copper and cast iron plumbing, updated electrical, updated perimeter drains, and a 50-year shingle roof installed roughly a decade ago. With three separate hot water tanks and coin-operated shared laundry, each suite functions independently and efficiently. The basement-level unit is a generous 2-bedroom, 1-bath suite with over 1,100 sq ft and a long-term tenant in place. The main level offers another 2-bedroom, 1-bath suite, while the upper floor is home to a bright, updated bachelor unit featuring a modern kitchen and bathroom. A previously existing stairwell between the main and lower levels could be reinstated to rejoin those levels if desired. Set on a 3,400 sq ft lot with a city lane running alongside the home, the property enjoys excellent privacy and convenient access. A detached single-car garage (approx. 400 sq ft) offers potential for a future laneway house, the electrical is already in place, just add plumbing (buyer to verify). The location couldn’t be better: just steps to community gardens, green space, and the scenic seaside walks along the Selkirk and West Bay waterfronts. Westside Village is a quick stroll away, and downtown Victoria is moments from your door. This is your chance to step into the market with a smart investment in a vibrant, walkable neighbourhood. Don't miss out! Home is fully tenanted with a showing schedule and 24h notice (id:39198)