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Ivan's Hill Duncan

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51 Marlborough St
Vi Fairfield West Victoria V8V 4A6

$2,745,000
Commercial Sale built: 1912

View from Marlborough St
Photo 1: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 2: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 3: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 4: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 5: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 6: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 7: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 8: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 9: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 10: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 11: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 12: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 13: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 14: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 15: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Photo 16: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
992285
Year Built:
1912
Welcome to this exceptional West Fairfield investment opportunity (Marlborough House contains 9 authorized residential suites). It is situated at the corner of Marlborough St. and Woodstock Ave. on two lots totaling 13,477 square feet. The location offers an unparalleled blend of urban convenience and natural beauty, minutes from downtown Victoria and steps from Victoria’s famous Beacon Hill Park and the spectacular Dallas Road waterfront. The property has been owned since the 70’s by an out-of-province family who now have other interests. Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. See the financials in supplements.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1912 (Age: 113)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Fairfield West, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
13,427 sq. ft.
Lot Details:
97.3 X 138
Taxes:
Building Features:
Basement, Fire Alarm, Laundry Room, Parking, Transit Nearby
Construction:
Frame Wood
Foundation:
Block
Electricity:
Yes
Number of Storeys:
3
Ceiling Heights:
Floor finish:
Carpet, Hardwood, Linoleum
Total Building Area:
5,800 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Forced Air, Hot Water, Natural Gas
Fireplace:
No
Pending Date:
Fixtures
Balcony, Balcony/Deck, Balcony/Patio
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Tenant
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Lot Site Features:
Adult-Oriented Neighbourhood, Central Location, Corner Lot, Easy Access, Landscaped, Level, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk
Parking Features:
On Site
Total Parking Spaces:
4
Road Surface Type:
Paved
Total Units:
Date Listed:
Mar 17, 2025
Original Price:
2745000.0
  • Photo 1: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    View from Marlborough St
  • Photo 2: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    View from corner of Woodstock Ave and Marlborough St
  • Photo 3: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Marlborough House nameplate
  • Photo 4: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Beautiful entry staircase
  • Photo 5: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Photo 5 of 16
  • Photo 6: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Fireplace
  • Photo 7: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Windows in all suites
  • Photo 8: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Hallway in suite
  • Photo 9: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Photo 9 of 16
  • Photo 10: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Photo 10 of 16
  • Photo 11: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Photo 11 of 16
  • Photo 12: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Photo 12 of 16
  • Photo 13: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Photo 13 of 16
  • Photo 14: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Separate free standing garage from Woodstock Ave
  • Photo 15: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Back of garage
  • Photo 16: 51 Marlborough St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 992285
    Carport on property
Listed by NAI Commercial (Victoria) Inc.
Data was last updated March 28, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
90
Avg list price:
$1,265,000
Min list price:
$49,990
Max list price:
$6,900,000
Avg days on market:
66
Min days on market:
1
Max days on market:
802
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.

Introducing Ivan's Hill Duncan: A Picturesque Retreat in Victoria, BC

Welcome to Ivan's Hill Duncan, an idyllic retreat nestled in the scenic beauty of Victoria, BC. Situated amidst lush greenery and boasting captivating views, Ivan's Hill Duncan offers a harmonious blend of natural serenity and modern convenience. Whether you're seeking a peaceful escape or a place to call home, Ivan's Hill Duncan is the epitome of tranquility.

One of the standout features of Ivan's Hill Duncan is its prime location. This picturesque community is ideally situated, allowing residents to enjoy the best of both worlds. Surrounded by nature's wonders, including parks, trails, and captivating landscapes, residents can easily embrace an active outdoor lifestyle. Yet, with its close proximity to the charming town of Duncan and Victoria's vibrant city center, residents can easily access a wide range of amenities, cultural attractions, and recreational activities.

At Ivan's Hill Duncan, residents can choose from an array of thoughtfully designed homes that offer modern comforts and exquisite craftsmanship. These residences are meticulously crafted to maximize natural light and capture the surrounding beauty. With spacious layouts, high-end finishes, and contemporary features, each home at Ivan's Hill Duncan creates a warm and inviting atmosphere.

The community amenities at Ivan's Hill Duncan are designed to enhance residents' lifestyles. From serene walking paths to well-manicured gardens and communal gathering spaces, every aspect is carefully curated to promote a sense of belonging and well-being. Whether you're unwinding by the community pool, staying active in the fitness center, or enjoying quality time with neighbors in the social lounge, Ivan's Hill Duncan offers a wealth of amenities to suit every interest.

Investing in Ivan's Hill Duncan presents an incredible opportunity. Victoria, BC, is a thriving real estate market, and properties in desirable locations like Ivan's Hill Duncan have significant potential for long-term value. Whether you're looking for a weekend getaway or a permanent residence, Ivan's Hill Duncan offers a retreat-like ambiance that's unmatched.

In conclusion, Ivan's Hill Duncan in Victoria, BC, is a hidden gem that harmonizes natural beauty, modern living, and convenience. Embrace the tranquility of this picturesque retreat and discover a lifestyle that embodies the best of both worlds. Explore the surrounding nature, delight in the nearby amenities, and create lasting memories in this remarkable community. Experience the serenity of Ivan's Hill Duncan and find your haven in the heart of Victoria, BC.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.